Published on January 27th, 2014 | by James Ayre1
Google Signs 10-Year Deal To Buy Power From Eolus Vind In Sweden
Google continues to put its money where its mouth is with regard to renewable energy, as its recent agreement to purchase electricity from the noted Swedish wind energy company Eolus Vind demonstrates.
The recent agreement between Google and Eolus Vind calls for the energy company to provide electricity from 29 wind turbines located in Southern Sweden (59 MW) to the tech giant for the next ten years. The deal signifies a notable step towards the realization of Google’s stated goal to be powered 100% by renewable energy.
Business Green has more:
The wind farms are each located in a different municipality in Sweden, which Eolus said lowered the risk to Google if one went off line. Financial terms of the deal were not disclosed and it is unclear exactly when the deal was reached.
The agreement comes hot on the heels of Google’s latest investment in a Texas wind farm at the end of December, which saw the company plough $75m (£46m) into the Panhandle 2 wind farm in Carson County, which will offer a capacity of 182 MW and is expected to be operational by the end of the year. In addition, Google has signed a power purchase agreeement to buy all the energy from the Happy Hereford wind farm, also in Texas.
“We’re always looking for ways to increase the amount of renewable energy we use,” stated Francois Sterin, the director of global infrastructure at Google. “Long term power purchase agreements enable wind farm developers to add new generation capacity to the grid – which is good for the environment – but they also make great financial sense for companies like Google.”