Tags: google | sb energy | softbank | green

Google Signs Solar Power Supply Deal With SB Energy

Google Signs Solar Power Supply Deal With SB Energy
(AP)

Tuesday, 01 November 2022 10:15 AM EDT

Alphabet Inc.'s Google said Tuesday it would buy about three-quarters of the renewable power from SB Energy Global's Texas facilities, as it aims to operate data centers on carbon-free energy by 2030.

Companies are rapidly shifting toward clean energy and transportation as they look to meet environmental and sustainability goals.

The $430-billion Inflation Reduction Act signed by President Joe Biden signed in August also seeks to incentivise a shift to clean energy, by providing tax credits. Google will use the energy from the SoftBank Group Corp-backed company, which will have a capacity of about 3 GW by early next year, to power data centers in Texas, Alphabet said.

SB Energy's Orion 1, 2 and 3 and Eiffel solar projects which total nearly 1.2 gigawatts (GW) of capacity are expected to be ready to supply power by mid-2024.

© 2026 Thomson/Reuters. All rights reserved.


StreetTalk
Alphabet Inc.'s Google said Tuesday it would buy about three-quarters of the renewable power from SB Energy Global's Texas facilities, as it aims to operate data centers on carbon-free energy by 2030.
google, sb energy, softbank, green
137
2022-15-01
Tuesday, 01 November 2022 10:15 AM
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