Google invests in new green energy in Taiwan, secures 300 MW of solar power

Google has made a significant equity investment in Taiwanese company New Green Power (NGP), securing the rights to purchase up to 300 MW of solar power. The strategic move also opens the door for Google suppliers in the region to access NGP’s capacity.

Founded in 2009, NGP is a major player in the photovoltaic (PV) sector, specializing in large-scale project development, engineering, construction (EPC) and operations. The company, a portfolio company of Blackrock’s climate infrastructure unit, aims to expand its solar project pipeline in Taiwan to 1 GW in the near future.

Amanda Peterson Corio, Google’s Director of Data Center Energy, emphasized the company’s commitment to sustainability: “Our goal is to achieve net-zero emissions across our operations and value chain, supported by a goal to operate on zero-emission energy 24/7 everywhere we operate. The path to achieving these goals is challenging and requires both commercial efforts and broader changes to energy systems.”

The investment is part of Google’s broader strategy to expand its renewable energy portfolio. Google recently acquired additional solar capacity through power purchase agreements in Japan and Australia. In February, the company became the largest buyer of power purchase agreements in Europe and has been investing in solar in Taiwan for several years.

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