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.