Market
Intersect Power and TPG Rise Climate complete a renewable energy park by 2025?
2
Resolution / Starting Odds
Yes • 50%
No • 50%
Official communications from Intersect Power, TPG Rise Climate, or Google
Story
Google Invests $20B in Renewable Energy for AI Data Centers, Partners with Intersect Power and TPG Rise Climate
Dec 10, 2024, 01:43 PM
Google is set to invest $20 billion in renewable energy parks to power its data centers, which are increasingly energy-intensive due to the demands of artificial intelligence (AI) development. The initiative involves partnerships with Intersect Power and TPG Rise Climate to develop mega energy parks equipped with renewable power, battery storage, and grid infrastructure. This move aims to support multiple gigawatts of data center capacity, with the first phase of the project expected to be operational by 2026. The investment underscores the tech industry's growing interest in sustainable energy solutions to meet the power needs of AI and other high-tech industries.
View original story
Similar markets
Less than 50% completed • 25%
All planned plants completed • 25%
No plants completed • 25%
More than 50% completed • 25%
Tomago Aluminium • 25%
Rio Tinto • 25%
Alcoa • 25%
Other company • 25%
Significant improvement • 25%
Moderate improvement • 25%
No significant change • 25%
Negative impact • 25%
Top 3 globally • 25%
Outside top 10 • 25%
Top 10 globally • 25%
Top 5 globally • 25%
Natural Gas • 25%
Geothermal • 25%
Other • 25%
Nuclear • 25%