Microsoft announces largest corporate procurement of renewables
- Admin
- May 1, 2024
- 1 min read
Microsoft has signed the largest-ever corporate power purchase agreement for renewable energy, involving over 10.5 GW of capacity across the US and Europe, focusing on solar and wind generation. The investment, estimated to cost over $11.5 billion, sets Microsoft as a major player in clean energy procurement. Significant power demand increases are driven by datacenter development, particularly for AI operations. Microsoft's renewable energy initiatives include several solar PPAs and innovative technologies to reduce data center power demands. Brookfield Renewable recently expanded through a major acquisition, enhancing its growth in the renewable sector.
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