energyRe announced that technology major Google has signed a 12-year power purchase agreement (PPA) to buy renewable energy from its 435-megawatt (MWdc) solar project to be developed, owned, and operated by energyRe.
energyRe will supply electricity and Renewable Energy Credits (RECs) generated from the solar project to Google to power the equivalent of more than 56,000 homes.
The project will support Google’s 2030 goal to run on 24/7 carbon-free energy on every grid where the company operates. The deal was facilitated through LEAP (LevelTen Energy’s Accelerated Process), which was co-developed by Google and LevelTen Energy to make clean energy buying and selling more efficient.
“As we continue to progress towards our goal to operate every Google campus on clean electricity every hour of every day by 2030, we are always looking for opportunities to accelerate the delivery of new clean power to the grid,” said Amanda Peterson Corio, Google Global Head of Data Center Energy.
Miguel Prado, Chief Executive Officer of energyRe, said: “energyRe’s track record of delivering clean energy solutions for our customers makes us a trusted partner for companies working to reduce their carbon footprints.”
Nationally, energyRe’s onshore utility-scale portfolio includes 1,520 MWdc of contracted solar assets and 398 megawatt-hours (MWh) of contracted battery storage assets.