The deal was signed to get renewable energy from three new wind farms which are being constructed in Finland and that will power among its data centers.
The prices are agreed with renewable energy developers CPC, Neoen, and WPD and are for jobs which won’t take advantage of government subsidies. A number of businesses have hurried in favor of inexpensive renewable energy to decrease prices and reduce their carbon footprint through so-called company power purchase agreements that empowers firms such as Google, Facebook, and Microsoft to purchase from the electricity generator.Also read: Future of Trading in Next Generation
Google explained this is the first time that it buys subsidy-free renewable energy in Europe, which demonstrates that renewables have a price competitive with grid electricity in a growing number of places.
Back in Europe, this is actually the 14th PPA’s that Google has entered for nearly 900 MW of wind and solar ability. The 3 new wind farms in Finland is going to be added into the grid which transmits power to Google’s data center in Hamina.
This past year, we declared that Google had attained our 100% renewable energy purchasing target.
This past year the tech firm had attained its own 100% renewable energy buying goal and it announces to climb as it ought to purchase renewable energy to keep that amount.
Wind is now controversial with traditional power in several nations. This past year, the amount of new company PPAs, exactly solar and wind, covered a fresh record with over 5 gigawatts.