Get the latest tech news
Microsoft anchors $9B renewable energy coalition
The coalition, which is organized by Acadia, is seeking to invest $9 billion to build 5 gigawatts worth of renewable power.
Microsoft has already used the coalition to invest in a 210-megawatt solar farm in Texas with additional backing from the Sustain Our Future Foundation, a nonprofit that uses grants to help communities benefit from renewable energy development. Climate tech investors have been exploring the use of so-called catalytic capital, which can help spur additional private investment in technologies or regions that might otherwise be overlooked. Unlike Google’s announcement, Microsoft hasn’t tied these renewable power projects to any specific current or planned data centers.
Or read this on TechCrunch
