Google announces US$150m renewables investment package

Google says it will spend US$150 million on renewable energy in regions where its products are manufactured, in a move it hopes will galvanise a further US$1.5 billion of investment. The news was revealed by Anna Meegan, head of consumer hardware sustainability, in a blog post earlier this week. Details of the investment timeline and information about which "manufacturing communities" stand to benefit were not disclosed. The move comes just weeks after the tech behemoth announced it had secured a raft of 1.6GW global renewable energy deals, in what it claims is “the largest corporate purchase in history.” Around 720MW of the renewable energy splurge will be procured from US solar projects, split between Texas (490MW), North Carolina (155MW) and South Carolina (75MW). Google has since unveiled a power purchase agreement (PPA) for 250MW of solar energy from Hecate Energy’s Texas installations. Meegan said the flurry of new deals will boost Google’s “worldwide portfolio of renewable agreements by more than 40%, reaching 5,500MW.”

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