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Microsoft To Deploy 10.5GW Of Renewable Energy For Cloud, AI Services

May 10, 2024 (MENAFN via COMTEX) --
(MENAFN - Investor Brand Network) Microsoft Corporation has
signed a landmark deal
with Brookfield Asset Management that will grant the software giant access to more than 10.5% of green energy to power its cloud and artificial intelligence (AI) services. The $10 billion, five-year framework is reportedly almost eight times bigger than the largest corporate power purchase agreement (PPA ) ever signed.

Brookfield Asset Management will develop the green-energy capacity through its subsidiary Brookfield Renewable Partners in the U.S. and Europe from 2026 to 2030 to help Microsoft support surging demand for cloud and AI services using renewable energy. The agreement will go a long way toward helping the...

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