Sign Up for FREE Daily Energy News
Canadian Flag CDN NEWS  |  US Flag US NEWS  | TIMELY. FOCUSED. RELEVANT. FREE
  • Stay Connected
  • linkedin
  • twitter
  • facebook
  • youtube2
BREAKING NEWS:

Copper Tip Energy Services
Vista Projects
Vista Projects
Copper Tip Energy


Microsoft, Brookfield to Partner on Renewable Energy Projects


These translations are done via Google Translate

By Reuters

May 1, 2024

Microsoft logo is seen at the Mobile World Congress (MWC) in Barcelona
Microsoft logo is seen at the Mobile World Congress (MWC) in Barcelona, Spain February 27, 2024. REUTERS/Bruna Casas/File Photo 

May 1 (Reuters) – Canada’s Brookfield Asset Management and technology giant Microsoft will develop new wind and solar farms in an attempt to bring over 10.5 gigawatts of new renewable energy capacity, the companies said on Wednesday.

The agreement provides a pathway for Brookfield to deliver the new renewable energy capacity between 2026 and 2030 in the U.S. and Europe, a Microsoft spokesperson told Reuters in an emailed statement.

ROO.AI Oil and Gas Field Service Software
GLJ

The Financial Times first reported on the partnership, and said the 10.5 gigawatts of new capacity would cost more than $10 billion, citing recent industry trends.

Both Brookfield and Microsoft did not disclose any financial terms of the agreement.

The deal underscores the race to meet clean energy commitments while satisfying the voracious energy demand of cloud computing and artificial intelligence.

Share This:




More News Articles


GET ENERGYNOW’S DAILY EMAIL FOR FREE