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Baseload Capital inks deal for geothermal energy in Taiwan
This will initially add 10 MW of clean energy to the grid.
Renewable energy developer Baseload Capital has signed a corporate power purchase agreement with Google for geothermal energy in Taiwan.
Under the deal, the companies will initially add 10 megawatts of clean energy to the grid, doubling Taiwan’s current geothermal capacity in commercial operation. Once operational in 2029, the projects will supply capacity to help power local data centre operations and offices.
The partnership also states an equity investment by Google in Baseload Capital to support the company's efforts to scale geothermal energy.
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