Global geothermal developer, Baseload Capital, has signed the first corporate power purchase agreement (CPPA) with Google for the supply of clean geothermal energy across its operations in Taiwan.
As AI and data centres continue to expand, the need for a reliable, baseload energy supply grows with it. Baseload’s geothermal solutions will provide the stability needed to meet future energy demand, ensuring that digital innovation is powered by sustainable energy.
The partnership’s initial projects will add 10MW 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 centres.
By integrating geothermal power, Google will not only reduce its own carbon footprint but also paves the way for broader industry players to join the shift towards going green. Beyond the CPPA, the partnership includes an equity investment by Google in Baseload Capital to support the company’s efforts to scale geothermal energy.
Alexander Helling, CEO of Baseload Capital, said, “We are proud to lead the way in signing corporate PPAs that drive positive change. This agreement underscores the growing market recognition of – and demand for – 24/7 clean, firm energy. Our partnership highlights how Baseload’s mission aligns with Google’s portfolio, creating powerful synergies for sustainable tech growth.”
Michael Terrell, Sr. Director of Clean Energy and Carbon Reduction at Google, commented, “Through this long-term partnership with Baseload, we aim to unlock geothermal potential, driving the clean energy development needed to help decarbonise our operations and supply chains in Taiwan and globally. We hope this first corporate agreement in Taiwan will help to scale corporate procurement for geothermal projects across the region and worldwide.”