Google Backs Major US Solar Project to Offset Fossil Fuel Emissions
u/Optimal_Image5192 ·
Reddit — r/StockMarket
· 2026년 7월 14일, 09:57
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Google $GOOGL agreed to purchase 100% of the initial output from the Steel River solar + battery project in Arkansas, per FT.
The project is expected to deliver 1.6GW of solar and 2GWh of battery storage by 2029.
First Solar will provide domestic panels for the project while LG supplies batteries from its Phoenix facility, with full buildout reaching 2.5 GW solar and 2.9 GWh storage.
The deal is a virtual power purchase agreement as Google looks to offset rising data center power use.
As I’ve been talking about recently, solar has been heavily under looked due to political headwinds. Hope you guys were following what I was talking about for most a month. Slowly at first and then all at once!