Microsoft has entered an agreement with Brookfield Asset Management and Brookfield Renewable that provides a pathway for Brookfield to deliver more than 10.5 gigawatts of new renewable energy capacity between 2026 and 2030 in the U.S. and Europe to Microsoft.
The agreement includes the potential to increase its scope to deliver additional renewable energy capacity within the U.S. and Europe, and beyond to Asia-Pacific, India, and Latin America, and provides an incentive for Brookfield to build a large portfolio of new renewable energy projects over the coming years.
“The agreement provides Microsoft with access to a pipeline of new renewable energy capacity to support the growing demand for cloud services at home and at work,” a May 1 news release said. The agreement “will not only focus on wind and solar, but also new or impactful carbon free energy generation technologies.”
Microsoft has set a goal of having 100% of its electricity consumption, 100% of the time, matched by zero carbon energy purchases by 2030.
