Google Signs Taiwan’s First Corporate Geothermal Energy Deal in Asia-Pacific

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Google announced that it has entered Taiwan’s first corporate geothermal power purchase agreement (PPA) with Baseload Capital to expand access to around-the-clock clean energy in the Asia-Pacific region and beyond. This milestone builds on Google’s earlier efforts in Taiwan, including a 2019 solar PPA, to support the energy needs of its data centers and offices with renewable sources.

The initial geothermal projects will supply 10 megawatts of constant power to the local grid. Developed by Baseload Capital, these projects are intended to kickstart Taiwan’s geothermal energy market while reinforcing Google’s broader clean energy strategy. As part of this collaboration, Google is also making an equity investment in Baseload Capital, further supporting the growth of next-generation geothermal technologies.

Geothermal energy, which draws heat from the Earth to generate electricity, is particularly well-suited to Taiwan due to its location along the Pacific Ring of Fire. Baseload Capital’s local subsidiary, Baseload Power Taiwan, has been actively exploring geothermal potential and working with local communities and the government to improve permitting and regulations.

Google’s involvement is expected to help accelerate workforce development, infrastructure growth, and cost reductions for future projects. These efforts also support Taiwan’s national goal of installing 6 gigawatts of geothermal capacity by 2050. Looking ahead, Google aims to replicate this model in other Asia-Pacific countries such as Japan and Indonesia, contributing to the company’s global push for continuous, clean energy in all its operating regions.