OwlBrief

Stay informed, stay wise!

5 briefs. 30 seconds. Before your coffee gets cold. OwlBrief distills global news, expert analysis, and trusted research into quick, reliable insights.

Create account Log in
#Climate Change #Energy
TechCrunch
TechCrunch
4w ago 29 views

Microsoft buys another 100 MW of solar, this time in Japan

Microsoft has purchased 100 megawatts of solar capacity from Shizen Energy in Japan to support its expanding data centers.
Microsoft buys another 100 MW of solar, this time in Japan
A What happened
In a recent development, Microsoft has secured 100 megawatts of solar capacity from Japanese developer Shizen Energy, marking another step in its commitment to renewable energy. The agreement encompasses four solar projects, with one already operational and three currently under construction, providing a long-term energy supply for 20 years. This acquisition is part of Microsoft's broader strategy to meet the increasing energy demands of its data centers, particularly as the company plans to invest $2.9 billion in Japan over the next year. Solar energy has become a preferred choice for tech companies due to its rapid deployment and cost-effectiveness, with projects typically completed within 18 months. Since the beginning of the year, Microsoft has contracted over 1 gigawatt of solar capacity, reflecting its significant investment in sustainable energy solutions.

Key insights

  • 1

    Long-term Energy Supply

    The deal ensures energy supply for 20 years.

  • 2

    Rapid Deployment of Solar

    Solar projects are typically completed within 18 months.

  • 3

    Microsoft's Investment in Japan

    Microsoft plans to invest $2.9 billion in Japan over the next year.

Takeaways

Microsoft's acquisition of solar capacity underscores its commitment to renewable energy and sustainable operations.