Leading firms commit to green energy initiatives

22 Septembre, 2019, 07:14 | Auteur: Auguste Feret
  • Image Google

Google said the investments - which span across the US, South America and Europe - included the purchase of energy from 720MW of new solar farms in North Carolina (155 MW), South Carolina (75 MW), and Texas (490 MW).

Google, like many corporates, supports a goal to power the entirety of its operations using renewable energy, a constantly moving target.

Ingka Group - the largest retailer within Ikea's franchise system - has confirmed that it is on track to exceed its renewable energy targets after a string of recent investments, in the same week that Google has made its biggest renewable energy purchase to date.

On the other hand, Google said it was going to make the "biggest corporate purchase of renewable energy in history", along with new energy and solar deals.

The US company has secured a 1.6GW package consisting of 18 power purchase agreements in wind and solar across Europe and the Americas. In total, this brings the company's fleet of renewable energy to 52 global projects, which is "driving more than $7 billion in new construction and thousands of related jobs". More specifically, the Internet company will purchase electricity from 720 MW of solar parks - 155 MW in North Carolina, 75 MW in SC and 490 MW in Texas.

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Apparently, Google's announcement comes a day before a global climate strike aimed to draw worldwide attention towards ongoing environmental issues.

"Over the years, we've worked hard to reduce the carbon footprint of our operations, build products with people and planet in mind and drive change at scale through our supply chains", Google's chief executive Sundar Pichai said. "We'll provide a $500,000 grant to Renewable Energy Buyers Alliance (REBA) in the U.S. and a 500,000 euro grant to RE-Source in Europe", informed Pichai. We've been a carbon-neutral company since 2007.

The search engine's green energy portfolio will grow by 40%, giving the company access to an extra 1.6 gigawatt of clean electricity - the equivalent capacity of a million solar rooftops, the company said.

It is providing a $500,000 (£399,722) grant to the Renewable Energy Buyers Alliance (REBA) in the United States and a €500,000 (£441,285) grant to RE-Source in Europe to fund the development of new purchasing models, provide training and resources for consumers and enable more widespread access to clean power.



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