World News02.07.2024
Google acquires stake in Taiwan’s New Green Power

QAZAQ GREEN. Google has purchased a stake in New Green Power (NGP), a Taiwanese solar power company owned by a BlackRock fund, aiming to procure up to 300MW of renewable energy, reports Power Technology.
New Green Power, which is supported by BlackRock’s Climate Infrastructure fund, is a major solar developer and operator in Taiwan.
The deal is part of Google’s strategy to operate on carbon-free energy worldwide and slash its carbon emissions across its operations and supply chains.
The tech giant’s move reflects the broader trend of major companies setting ambitious environmental targets in response to growing investor pressure to address climate change.
In Taiwan, where Google maintains substantial cloud infrastructure, the reliance on fossil fuels for power generation stands at 85%.
Google global head of data centre energy Amanda Peterson Corio stated: “The goal of this investment is really to support the build-out of a large-scale solar pipeline in Taiwan.”
Azerbaijan to raise renewables share to 34% by end-2027
Solar power helped Europe weather the energy crisis, but growth is slowing
Nepra tightens wheeling rules, mandates battery storage for solar, wind projects
Women in Bangladesh turn EV battery swapping into a new source of income
Sydney CBD solar farm to cut carbon emissions by 2,000 tonnes a year
IEA: Türkiye needs faster investment in grids and storage as energy demand rises
Kazakhstan holds auction for selection of hydroelectric power plant construction projects
Equinor brings its largest US battery storage project online
Norway launches project to integrate wind propulsion into commercial shipping
China's photovoltaic power capacity overtakes coal-fired power for first time
Germany moves to cut the cost of offshore wind
UN presents Climate Report: 1.5°C threshold will be breached without urgent action
Europe on track for a record year in wind power
Rosatom plans wind turbine component plant in Russia’s Amur region
EBRD backs Tajikistan’s plans for solar power auctions
Solar power helps Europe avoid €30 billion in gas imports
Kazakh scientists test energy storage device with more than 750,000-cycle lifespa
Agrivoltaics cut worker heat stress and saved 22% of water, new model shows
Uzbekistan commissions 300 MW solar plant with 150 MW ESS
SolarWindow unveils ultra-thin solar film for curved surfaces