Google's announcement to invest in 10 megawatts of geothermal energy in Taiwan represents a significant entry into the Asian geothermal market. Developed by Baseload Capital, the local subsidiary has been exploring Taiwan's geothermal resources since 2019. This project aligns with Google's ongoing commitment to renewable energy, following a prior collaboration with geothermal startup Fervo for a power plant in Nevada. Geothermal energy is seen as a critical resource, with the potential to provide substantial clean electricity, especially in regions like Taiwan, which aims for 6 gigawatts by 2050.
Google's investment in 10 megawatts of geothermal power in Taiwan marks its first geothermal initiative in Asia, showcasing a commitment to renewable energy.
Swedish company Baseload Capital is spearheading the geothermal project in Taiwan, leveraging years of mapping for geothermal resources since 2019.
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