Brookfield to Set Up 10.5 GW Renewable Projects for Microsoft as AI Drives Demand
Demand for electricity from data centers is expected to double by 2026.
May 6, 2024
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Canada-based Brookfield Asset Management, along with Brookfield Renewable Partners, has signed a global framework agreement with tech giant Microsoft to develop over 10.5 GW of new renewable power capacity, such as wind and solar farms, by 2030, as energy-intensive data centers powering artificial intelligence (AI) are expected to drive up electricity demand.
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Arshreet Singh
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