Thursday, February 8, 2024

Equinix purchases 151 MW of renewable energy in Australia

Equinix signed a Power Purchase Agreement (PPA) in Australia with TagEnergy.  The deal includes the purchase of 151 megawatts (MW) of renewable energy that is expected to come online at the provider's Golden Plains Wind Farm – East project in 2029. The agreement is Equinix's first long-term renewable energy agreement in the Asia-Pacific region.

"To date, Equinix has executed 21 PPAs globally resulting in 3,000,000 MWh of renewable energy and as we expand our global data center footprint, we will continue to assess opportunities for greening the grids that we move into," said Christopher Wellise, Vice President, Sustainability, Equinix. "Once this expansion of the Golden Plains Wind Farm – East project is completed in 2029, our impact through all 21 PPAs is expected to amount to more than one gigawatt of renewable energy added to local grids. In combination with other sustainability efforts, this is expected to bring Equinix to 100% renewable coverage across all of our operations globally."

"Data center operators and other large corporate energy customers, like Equinix, have accelerated the clean energy transition by executing PPAs and other contracts that create long-term financial stability for developers of wind, solar and other clean energy resources. These clean energy projects have changed the electricity market in the U.S. and Europe. Now high-impact projects like this are helping to lead the effort to drive local demand and shift markets in regions where there is even more opportunity for decarbonization such as Australia, India and Southeast Asia," said Kevin Hagen, Interim CEO of the Clean Energy Buyers Association (CEBA).

https://www.equinix.com/newsroom/press-releases/2024/02/expanding-renewable-energy-supply-in-high-impact-markets-equinix-executes-clean-energy-contract-in-australia