A bird’s-eye view reveals the mutual benefits of combining solar production and agricultural land use. Farmers can lease their land to solar developers to diversify their income streams while maintaining agricultural activities in the remaining areas. This symbiotic relationship supports sustainable development by reducing greenhouse gas emissions and promoting the adoption of renewable energy.
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Google The U.S. technology giant announced on Monday that it will work with BlackRock to develop a 1-gigawatt new solar capacity pipeline in Taiwan, as it seeks to increase energy production and reduce carbon emissions amid the artificial intelligence boom.
The deal, which would see Google make a capital investment in Taiwanese solar developer New Green Energy “to facilitate the construction of its large-scale solar pipeline,” has yet to receive regulatory approval.
Google did not disclose the amount of its investment in New Green Power, a BlackRock portfolio company.
The investment will boost clean energy development in Taiwan’s local power grid and help Google achieve its goal of achieving net-zero emissions across all its businesses and value chains by 2030, the company said.
The new solar power generation capacity will provide power for Google’s data centers and cloud areas in Taiwan, the press release stated. It is said that part of the clean energy production capacity will also be provided to Google’s chip suppliers and manufacturers in the region.
“We expect to procure up to 300 (MW) of solar energy from this pipeline through power purchase agreements (PPAs) and related energy attribute certificates (Taiwan Renewable Energy Certificates or T-RECS) to help meet the power needs of our data center campus Amanda Peterson Corio, global director of data center energy at Google, said in a report: Blog article on Monday.
Taiwan produces nearly 60% of the world’s semiconductor chips and a larger share of advanced artificial intelligence processors, according to global consultancy Ernst & Young. Because wafer fabrication is a long and complex process, wafer fabrication facilities are among the most energy-intensive in the world.
However, according to statistics, about 97% of Taiwan’s energy comes from non-renewable energy sources, including coal and natural gas. Energy Bureau data Under the Ministry of Economic Affairs of Taiwan.
This requires increased use of renewable energy.
David Giordano, global head of climate infrastructure at BlackRock, said: “As we witness growing demand for digital services driven by artificial intelligence and data-centric technologies, investing in clean energy becomes imperative.”
Singapore said in May it was promoting the construction of green data centers as explosive demand for artificial intelligence puts pressure on energy resources. The government says it aims to provide at least 300 megawatts of additional capacity in the short term, with more capacity available through “green energy deployment”.
Renewable energy development in Asia-Pacific is strong, but from a low base Boston Consulting Group report Shown April 23rd. Renewable energy is expected to account for 30% to 50% of the energy mix in most markets in the region by 2030, the report said, adding that “significant investment” will be required.
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