Major step for geothermal energy in Asia - Baseload Capital and Google forge corporate PPA

Global geothermal developer Baseload Capital and Google today announced the signing of the first corporate power purchase agreement (CPPA) for carbon-free geothermal energy in Taiwan.

As AI and hyperscale data centers expand, so does the need for a reliable, always-on energy supply. Baseload’s geothermal solutions provide the stability needed to meet future energy demand, ensuring that digital innovation is powered by clean, firm, and sustainable energy.

Geothermal is the world’s largest untapped energy resource–clean, reliable, and available 24/7. Through its innovative strategy and global portfolio, Baseload Capital de-risks investments and accelerates geothermal development.

The partnership’s initial projects will add 10 MW of clean energy to the grid, doubling Taiwan’s current geothermal capacity in commercial operation. Once operational in 2029, the projects will supply capacity to help power local data center operations and offices.