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Google funds Xcel Energy's new wind, solar and storage project

Google has agreed to finance Xcel Energy's addition of 1.4 GW of wind power, 200 MW of solar capacity and 300 MW of battery storage to the regional grid. Under the proposal, Google will cover the costs, including payments for any capacity it does not fully use, and will pay minimum monthly charges based on at least 75 percent of its contracted capacity. The expanded renewable resources will feed the broader grid, supporting the data centre and other customers, while helping Google pursue its goal of operating on carbon‑free energy by 2030. A recent Gallup poll shows 71 percent of Americans oppose building a data centre in their locality.

Key facts

  • Wind capacity added totals 1.4 gigawatts.
  • Solar capacity added is 200 megawatts.
  • Battery storage added is 300 megawatts.
  • Minimum monthly payment is calculated on 75 percent of contracted capacity.
  • Gallup poll shows 71 percent public opposition to a nearby data centre.

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Why it matters

Financing renewable power helps Google meet its 2030 carbon‑free target.

What changed

  1. First published from OilPrice.com