Microsoft Corporation has entered into an agreement with Brookfield Asset Management to support new renewable energy initiatives worth $10.0 billion for the development of AI. This is reported in a Microsoft press release.
The deal represents the largest corporate investment in renewable energy sources to date, aimed at meeting the growing demands in the sector of artificial intelligence technologies and data centers.
The collaboration between Microsoft and Brookfield is a new stage in the development of renewable energy sources. From 2026 to 2030, Brookfield intends to generate 10.5 GW of renewable energy exclusively for Microsoft in order to provide data centers with energy that will require the construction of large wind and solar power plants in the United States and Europe. The project provides for the expansion of production facilities in Asia, Latin America and India.
The timing of the deal is of great importance for the United States against the background of a sharp increase in demand for electricity due to the development of artificial intelligence and the growing domestic production of semiconductors, batteries and electric vehicles. The potential increase in total electricity consumption in the country will grow by 20% by the end of the decade, taking into account the needs of data centers, which will exceed 1,000 terawatt-hours of electricity by 2026.
Microsoft has set an ambitious goal to achieve 100% carbon-neutral electricity consumption by 2030 through the purchase of renewable energy sources. Amazon and Apple have also announced measures to reduce greenhouse gas emissions and achieve carbon neutrality by 2030.
Microsoft is an American public multinational corporation and one of the world's largest developers of proprietary computer software, including Windows operating systems and applications Microsoft Office. In addition, the company develops and sells laptops and tablet computers under the Surface brand, Xbox game consoles, as well as accessories for personal computers. The headquarters is located in Redmont, Washington.
Brookfield is a Canadian investment company with $825 billion in energy and real estate assets under management. The company's head office is located in Toronto (Canada) with branches in New York, London, Sydney, Sao Paulo, Dubai, Mumbai and Shanghai.
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