Google to Meet All Energy Needs From Clean Power
Google, the biggest corporate buyer of renewable energy, is buying even more—536 megawatts of wind power from four power plants.
As part of the Alphabet Inc., Google has agreed to buy 196 megawatts of wind power from two Avangrid Inc. power plants under development in South Dakota, according to a statement on Thursday.
It also agreed to buy 200 megawatts of wind power from an EDF Renewable Energy project in Iowa, according to a separate statement on Thursday. And it agreed to buy 140 megawatts of wind power from an Oklahoma wind project built by Enel SpA. Terms of the deals were not disclosed, Bloomberg reported.
Google has now signed enough renewables deals to match all of its energy needs this year, though not all the projects are currently operational. The company has agreed to buy 2,397 megawatts of clean power in the US and 3,186 megawatts overall, according to Bloomberg New Energy Finance.
Amazon.com Inc. is the second biggest corporate buyer, with 1,219 megawatts, all in the US. Its “electricity consumption is considerable, but for them to meet that already by buying renewable energy is a huge achievement”, Kyle Harrison, a New York-based analyst at BNEF, said in an interview on Thursday. “Google is buying renewable energy across three continents and has paved the way for dozens of other companies.”
In the Avangrid deals, Google will buy the output from Coyote Ridge and Tatanka Ridge wind projects. Each of them has 98 megawatts of capacity and combined will produce enough electricity to power more than 50,000 homes.
EDF’s Glaciers Edge Wind Project in Cherokee County is expected to become operational in December 2019. Enel’s 300-megawatt Red Dirt wind farm in Kingfisher and Logan counties will go into service by early next year.
source: Financial Tribune
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Gold loses some luster after Trump’s decisive win
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Russia takes aim at US nuclear power by throttling uranium
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence
Mexico’s proposed higher mining royalties could block nearly $7bn in investments
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
Chile’s rare salt flat fish faces threat from lithium mining project