BlackRock teams up with Google to boost solar power in Taiwan – Net Zero Investor – Net Zero Investor ...Middle East

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BlackRock teams up with Google to boost solar power in Taiwan – Net Zero Investor – Net Zero Investor
BlackRock’s Climate Infrastructure business has announced a strategic partnership with Google to accelerate solar power development in Taiwan through its portfolio company New Green Power (NGP). As part of the deal, Google has secured rights to procure up to 300MW of solar power from NGP’s development pipeline in Taiwan. The tech giant has put a bold net zero by 2030 target in place but revealed earlier this week that increased power demands due to the adoption of artificial intelligence have led to a surge in emissions by nearly 50% over the past five years, putting its net zero target in jeopardy. The deal with BlackRock aims to support Google’s climate goals whilst enabling NGP to expan

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