Google buys stake in Taiwan solar power firm owned by BlackRock

Quick Summary:

LONDON : Google said it has taken a stake in Taiwan's New Green Power and could buy up to 300 megawatts of renewable energy from the BlackRock fund-owned firm to help cut its carbon emissions and those of suppliers.

Taiwan is targeting 20 GW of solar capacity by 2025 and up to 80 GW by 2050, BlackRock said.

Yet sector growth in demand for data-processing capacity to power artificial intelligence has seen emissions jump.

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Article Details

Category: EconomyBusiness

Markets: SingaporeTaiwan

Topics: Power Infrastructure Emissions Corio Blackrock Solar Google Suppliers Energy Taiwan Green

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 10:10:38 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 407 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21434185

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 42 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #27

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