Google Invests in Taiwan’s New Green Power, Secures 300 MW of Solar Power

Google has made a significant capital investment in Taiwan-based New Green Power (NGP), securing the rights to procure up to 300 MW of solar power. This strategic move also opens the door for Google’s suppliers in the region to access NGP’s capacity.

Founded in 2009, NGP is a prominent player in the photovoltaic (PV) sector, specializing in large-scale project development, engineering, construction (EPC), and operations. The company, a portfolio entity 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 Head of Data Center Energy, highlighted the company’s commitment to sustainability: “We’re aiming to reach net-zero emissions across our operations and value chain, supported by a goal to run on 24-7 carbon-free energy everywhere we operate. The path to reach these goals is challenging, and requires both commercial efforts and broader energy systems change.”

This investment is part of Google’s broader strategy to enhance its renewable energy portfolio. Recently, Google procured additional solar power 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 consistently investing in solar power in Taiwan for several years.