GOOGL Alphabet Inc

By Stephen Nakrosis

Energy company AES Corp. on Tuesday said it will provide carbon-free electricity to power Google's Virginia-based data centers to help ensure the energy powering those data centers will be 90% carbon-free when measured on an hourly basis.

AES said it would supply the carbon-free electricity on a 24/7 basis under the 10-year supply contract.

AES said it will source the energy from wind, solar, hydro and battery storage resources which it will develop or contract.

AES said it assembled the 500 MW portfolio from its own renewable energy projects and those of third-party developers.

"This first-of-its-kind solution, which we co-created with Google, will set a new sustainability standard for companies and organizations seeking to eliminate carbon from their energy supply," said Andres Gluski, president and chief executive of AES.

"Not only is this partnership with AES an important step towards achieving Google's 24/7 carbon-free energy goal, it also lays a blueprint for other companies looking to decarbonize their own operations," said Michael Terrell, director of energy at Google. "Our hope is that this model can be replicated to accelerate the clean energy transition, both for companies and, eventually, for power grids."

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

May 04, 2021 14:12 ET (18:12 GMT)

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