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Solar panels, wind turbines, and an electricity pylon. Photo credit: hpgruesen/Wikimedia Commons
Brookfield Asset Management, Brookfield Renewable, and Microsoft have joined forces in a groundbreaking renewable energy agreement aimed at advancing Microsoft's goal of achieving 100% zero-carbon energy purchases by 2030. This ambitious five-year agreement will see Brookfield delivering over 10.5 gigawatts of new renewable energy capacity between 2026 and 2030 in the United States and Europe.
The collaboration between Brookfield and Microsoft underscores their shared commitment to decarbonizing global energy supplies and reducing carbon emissions. As Microsoft's electricity consumption continues to rise due to the growing demand for cloud services, this agreement provides access to a pipeline of renewable energy capacity to meet these needs sustainably.
What sets this agreement apart is its potential for expansion, enabling Brookfield to extend its renewable energy capacity beyond the U.S. and Europe to regions like Asia-Pacific, India, and Latin America. This broader approach aligns with Microsoft's vision of creating diverse energy grids worldwide to support its goal of 100% zero-carbon energy purchases.
Furthermore, the agreement emphasizes innovation by exploring carbon-free energy generation technologies beyond wind and solar. This holistic approach aims to accelerate the global transition to renewable energy solutions, particularly within the cloud industry.
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