American tech giant Google has signed the first-ever geothermal energy agreement in Asia, a major milestone in the firm’s quest to incorporate green energy into its increasingly energy-intensive operations. The Mountain View, California-based company signed the corporate power purchase agreements (PPAs) with Baseload Capital, a global developer that specializes in delivering geothermal energy, to provide 10 MW of carbon-free energy to the Taiwanese electricity grid.
When coupled with energy storage solutions, such as those commercialized by firms like SolarBank Corp (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) and others, renewable energy like geothermal power can…
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