In a major step toward achieving its ambitious sustainability goals, Google has signed a groundbreaking $3 billion deal to purchase hydropower energy in the United States. The agreement is being hailed as the largest clean energy contract of its kind, setting a new benchmark for tech giants investing in renewable resources.
The multi-billion-dollar agreement underscores Google’s commitment to reaching carbon-free energy (CFE) across its operations by 2030. With this deal, the company secures long-term access to hydroelectric power—one of the oldest and most reliable forms of renewable energy—positioning itself as a trailblazer in green tech investment.
Historic Clean Energy Deal Redefines Tech’s Role in Sustainability
The agreement was struck with Brookfield Asset Management, a global leader in renewable energy solutions. Under the deal, Google will tap into over 1,300 megawatts of hydropower capacity, which is expected to significantly reduce its reliance on fossil fuels at its U.S. data centers.
Hydropower, which harnesses the kinetic energy of flowing water, offers a consistent and stable power source—key for running Google’s energy-hungry infrastructure like data farms, cloud servers, and AI processing systems. Unlike solar and wind, hydro can deliver continuous power, helping Google maintain operations without interruption.
This move aligns with Google’s earlier pledge to run on 100% carbon-free electricity, 24/7, across all regions where it operates. By prioritizing long-term clean energy contracts, Google continues to demonstrate how large corporations can influence the renewable energy market.
“Partnering with Brookfield helps us scale clean energy in regions where carbon-free sources are limited,” said Maud Texier, Google’s head of energy development. “It’s not just about offsets; it’s about real, localized solutions.”
Brookfield, known for its global hydropower portfolio, sees this as a step forward in creating long-lasting corporate partnerships that benefit the planet. “This deal reflects how the private sector can accelerate clean energy deployment,” said Connor Teskey, CEO of Brookfield Renewable Partners.
The deal also includes plans to modernize existing hydroelectric facilities, boosting their efficiency and extending their operational lifespans. This infrastructure investment is expected to generate jobs and improve grid stability in several U.S. regions.
For Google, this agreement is more than just a power purchase—it’s a strategic environmental investment. As tech companies face growing scrutiny over their carbon footprint, Google’s move sends a strong message: clean energy isn’t just possible, it’s scalable.
With the ink now dry on this historic $3 billion agreement, Google is not just shaping the future of tech—it’s powering it with the forces of nature.
These companies represent a mix of large institutional investors
