Search results for power purchase agreement
Industry
Google secures 20-year nuclear power supply, adds 890 MW to meet data centre demand
Google will secure an additional 890 megawatts of generation capacity from existing U.S. nuclear power plants to meet rising electricity demand from AI data centres. Google and Constellation Energy signed a 20-year power purchase agreement to supply 890 MW to the PJM grid by upgrading equipment at six nuclear plants across Illinois, Pennsylvania and New Jersey. Constellation plans to invest at least $4.3 billion, with initial supply in 2028.
Games & Commerce
Naver seeks investment in 216 MW solar project to secure power for data centres
Naver is seeking a stake investment and a long-term power purchase agreement for a 216 MW solar power project to meet electricity demand from its AI and cloud data centres. The company signed an MOU with Asian renewable energy developer Gurin Energy to secure renewable power for data centres. The companies will discuss investment size and purchase terms, aiming to sign a definitive agreement by year-end.
Industry
Tesla buys up others\' electricity. Why when it makes solar too?
Tesla has agreed to buy 90 percent of the power from a large solar and energy storage project in Arizona under a long-term deal. It also signed a separate power purchase agreement the same day to take all output from a 140 MW solar plant under development in northeast Texas. The deals total more than 640 MW of solar capacity and 360 MW of battery resources, reflecting rising power demand tied to factories and AI computing infrastructure.
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Industry
Walmart signs long-term nuclear power supply deal in Illinois
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Industry
Hanwha Qcells wins 200 MW solar module and EPC order for Meta
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Games & Commerce
Naver pivots from search to AI infrastructure with \'AI factory\' push
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Games & Commerce
Kakao cut data centre greenhouse gas emissions by 4,753 tonnes last year
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Industry
Microsoft, Chevron sign 20-year power supply deal to run AI data centres on natural gas
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AI & Enterprise
KT to supply renewable power to Tokyo Electron Korea under PPA
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AI & Enterprise
TSMC to buy all power from Taiwan Hai Long offshore wind project for 30 years
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Games & Commerce
Naver to buy 30 percent stake in GS Wind Power, signs 25-year direct PPA
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Telecommunications & Media
LG Uplus signs renewable energy deal with GS E&C for carbon-neutral data centres
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Finance
JB Financial wins top grade in CDP climate change assessment