Google Invests in Intersect Power to Boost Clean Energy for Data Centers

Google invests $800M in Intersect Power to meet rising clean energy demands for AI-driven data centers. Image Credit : Intersect Power

Google has announced it is backing clean energy developer,Intersect Power, along with TPG Rise Climate and other investors. The search engine giant is backing Intersect Power in an over $800 million funding round. The support for Intersect Power is a part of its strategy to enhance its data centre capacity to meet the rising demand for cloud services driven by artifical intelligence.

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A Focus on Clean Energy for Data Centers

The collaboration aims to develop industrial parks that combine large-scale data center capacity with purpose-built clean energy plants. Google intends to ease power grid constraints while reducing project delivery timelines by co-locating data centers with carbon-free energy sources.

This approach will aid the company in meeting the growing energy needs of new technologies like Generative AI.

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Meeting the Growing Demand for Power

As artificial intelligence technologies continue to rise, the difficulty of electrical systems becomes increasingly difficult. They find it hard to keep pace with the rapidly increasing power needs. The growing demand threatens to derail the country's already vulnerable power grid.

Google is partnering with Intersect Power and TPG Rise Climate to ensure reliable and clean energy for its data centers.

Google’s Role in Clean Energy and Data Centers

As per the deal, Google will be a key customer for the clean energy produced by Intersect Power's facilities. The Alphabet Inc. corporation intends to establish new data centres that will immediately utilise the clean energy. The initial phase of the project is set to be up in 2026, with total completion expected i

Intersect Power's Sustainability Commitment

Founded in 2016, Intersect Power specializes in scalable low-carbon energy solutions. As a portfolio company of TPG Rise Climate, the clean energy company is helping transition industries to more sustainable energy sources.

This partnership further supports the climate goals of both Google and TPG Rise Climate.