Prominent geothermal developer Baseload Capital together with Google has announced the signing of the first corporate power purchase agreement (CPPA) for carbon-free geothermal energy in Taiwan.
The partnership’s initial projects will add 10 MW 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 centre operations.
By integrating geothermal power into its energy portfolio, Google is reducing its own carbon footprint and ‘paving the way for a broader industry shift toward firm, clean energy’. This corporate PPA is intended to ensure a reliable supply of clean power, reducing reliance on fossil fuels and strengthening energy security.
Beyond the CPPA, the partnership includes an equity investment by Google in Baseload Capital to support the company’s efforts to scale up geothermal energy.
“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 for geothermal in Taiwan will help to scale corporate procurement for geothermal projects across the region and worldwide,” said Michael Terrell, senior director of Clean Energy and Carbon Reduction at Google.
