Revolutionizing Energy Consumption For Tech Giant

Microsoft Inks 20-Year Solar Power Deal with EDPR in Singapore

Revolutionizing Energy Consumption for Tech Giant

In a groundbreaking move, Microsoft has recently signed a 20-year agreement with EDPR, a leading renewable energy provider, to procure solar power in Singapore. This partnership marks a significant step towards Microsoft's goal of achieving carbon neutrality by 2030.

Key Highlights of the Agreement

• Microsoft will purchase solar energy from a 60 MWp solar farm located in Singapore.
• The agreement will provide Microsoft with approximately 10% of its energy needs in Singapore.
• EDPR will be responsible for the construction and operation of the solar farm, which is expected to be completed by 2025.

Benefits for Microsoft

This agreement offers numerous benefits to Microsoft:

• Cost Savings: Solar energy is a cost-effective source of electricity, which will help Microsoft reduce its operating costs.
• Sustainability: The use of solar energy aligns with Microsoft's commitment to environmental sustainability and reducing its carbon footprint.
• Energy Security: The solar farm will provide Microsoft with a reliable and secure source of energy, reducing its dependence on fossil fuels.

Benefits for Singapore

The deal also brings benefits to Singapore:

• Clean Energy: The solar farm will contribute to Singapore's goal of increasing its renewable energy capacity and reducing its reliance on fossil fuels.
• Economic Development: The construction and operation of the solar farm will create new jobs and boost the local economy.
• Foreign Investment: The deal demonstrates Singapore's attractiveness as a destination for foreign investment in the renewable energy sector.

Conclusion

Microsoft's 20-year solar power agreement with EDPR is a testament to the company's commitment to sustainability and innovation. This deal not only provides Microsoft with a cost-effective and reliable source of energy but also contributes to Singapore's clean energy goals. As the world transitions towards a more sustainable future, Microsoft's leadership in this area sets an inspiring example for other companies to follow.