Google signs solar power supply deal with SoftBank-backed SB Energy | Whuff News

Nov 1 (Reuters) – Alphabet Inc’s ( GOOGL.O ) Google said on Tuesday it will buy about three-quarters of its renewable energy from SB Energy Global’s facilities in Texas, as it aims to run its data centers on carbon-free energy by 2030.

Companies are rapidly transitioning to cleaner energy and transportation as they look to meet environmental and sustainability goals.

The 430-billion Inflation Act signed by President Joe Biden signed in August also seeks to promote the transition to clean energy, by providing tax credits.

Google will use power from the SoftBank Group Corp-backed ( 9984.T ) company, which will have a capacity of about 3 GW by the beginning of next year, to power data centers in Texas, Alphabet said.

SB Energy’s Orion 1, 2 and 3 and Eiffel solar projects of nearly 1.2 gigawatts (GW) of capacity are expected to be ready to provide electricity by mid-2024.

Reporting by Akash Sriram in Bengaluru; Edited by Vinay Dwivedi

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