Skip to main content

Google and Baseload Capital Forge Groundbreaking Geothermal Partnership in Taiwan

A Major Leap for Clean Energy and the Digital Economy


In a bold and inspiring move, Google has partnered with Baseload Capital Sweden AB, a renowned global geothermal energy developer, to reshape the future of sustainable energy in Asia. This historic agreement, announced on April 15, 2025, marks the first-ever corporate power purchase agreement (CPPA) for geothermal energy in Taiwan a monumental step toward 24/7 carbon-free energy for the tech industry.
As digital infrastructure expands rapidly across the globe, fueled by artificial intelligence and hyperscale data centers, the demand for reliable and clean energy has never been more urgent. This partnership not only fulfills that demand but sets a compelling precedent for how tech giants can lead the transition toward sustainable innovation.

Why This Deal Matters: Clean, Firm Power for a Greener Future
At its core, this partnership between Baseload Capital and Google isn't just about energy it's about energy transformation.
The agreement outlines the development of geothermal energy projects that will inject 10 megawatts (MW) of clean, firm energy into Taiwan’s grid. To put that into perspective, it doubles Taiwan’s current commercial geothermal capacity, making this initiative a game-changer for the region’s clean energy landscape.

The Key Highlights:

CPPA between Google and Baseload Capital for geothermal energy in Taiwan.
10 MW of clean energy to be added to Taiwan's grid by 2029.
Energy to power local data centers and office operations.
Equity investment by Google in Baseload Capital to help scale geothermal globally.

Geothermal Energy: The World's Most Underutilized Power Source
Unlike solar and wind power, which depend on fluctuating weather conditions, geothermal energy is available 24/7. This constant availability makes it the ideal foundation for a stable, decarbonized energy system especially for energy intensive industries like cloud computing and AI.
Baseload Capital's geothermal approach is centered on firm, clean power that can complement other renewables by providing base-load energy around the clock. This model de-risks geothermal investments, accelerates development timelines, and delivers reliable energy solutions in key global markets.

According to Alexander Helling, CEO of Baseload Capital,


“This agreement underscores the growing market recognition of–and demand for–24/7 clean, firm energy. Our partnership highlights how Baseload’s mission aligns with Google’s portfolio, creating powerful synergies for sustainable tech growth.”


Google's Sustainability Vision in Action

This move aligns seamlessly with Google’s ambitious goal to operate on carbon-free energy, everywhere, at all times. With this agreement, Google not only secures clean energy for its Taiwan operations but also sends a strong signal to the industry about the viability and importance of geothermal energy.

As Michael Terrell, Senior Director of Clean Energy and Carbon Reduction at Google, put it:

“Through this long-term partnership with Baseload, we aim to unlock geothermal potential, driving the clean energy development needed to help decarbonize our operations and supply chains in Taiwan and globally.”

This partnership goes beyond energy procurement. Google's equity investment in Baseload Capital reflects a deeper commitment to geothermal innovation, aiming to replicate and scale such projects worldwide.


Geothermal in Asia: A Sleeping Giant Awakens

Despite having immense geothermal potential, Asia has been slow to tap into this renewable energy source. This CPPA could be the catalyst needed to change that. With Taiwan now poised to double its geothermal output thanks to this partnership, other nations in the region may be inspired to follow suit.

Geothermal energy holds significant potential for countries like Indonesia, the Philippines, and Japan. The Google-Baseload partnership is a clear demonstration of how corporate leadership can unlock regional energy resources while achieving business sustainability goals.


What This Means for the Geothermal Industry

This partnership could mark the beginning of a new era for geothermal energy. The backing of a global technology leader like Google adds legitimacy and momentum to the sector. By forging this path, the collaboration between Baseload Capital and Google will likely spur more corporate power purchase agreements (CPPAs), driving further investment into geothermal technology and infrastructure.

With Baseload Capital’s subsidiaries—Baseload Power companies—already experienced in building, commissioning, and operating geothermal heat and power plants, this is more than just a dream. It’s an operational reality unfolding at scale.

Final Thoughts: A Future Fueled by Earth’s Core

The Google and Baseload Capital partnership is a beacon of hope for the global energy transition. In a world increasingly powered by data, it’s fitting that the earth itself is becoming the battery for our digital age.

This CPPA doesn’t just power servers; it powers change, resilience, and sustainable growth. It shows that when tech giants and renewable innovators join forces, anything is possible even redefining how the world powers its future.

As we inch closer to a decade of geothermal, partnerships like this will play a crucial role in ensuring clean, reliable, and round-the-clock power is not just an aspiration, but a global reach

Related: Unlocking The potential for Geothermal in Data Centers

Source: Baseload Capital

Connect With Us: Alphaxioms

Comments

Popular posts from this blog

Amsterdam Strikes Geothermal Gold: Hot, Thick, Permeable Reservoir Confirmed

Breakthrough Beneath the Beach: Amsterdam Region Hits Geothermal Paydirt at Strandeiland By: Robert Buluma The Netherlands just took a giant leap toward fossil-free heating. On the artificial island of Strandeiland (part of Amsterdam’s fast-growing IJburg district), the SCAN exploration well has officially confirmed what the geothermal community has been hoping for: a thick, hot, and , most importantly permeable reservoir in the Slochteren Formation. Key numbers that matter:   Reservoir thickness: 152 meters   Bottom-hole temperature: 66 °C   Permeability: confirmed via successful production and injection tests   That’s not screaming-hot by Icelandic standards, but for direct-use district heating in one of Europe’s densest urban areas, 66 °C is more than enough to supply thousands of homes with clean, baseload heat – forever. Why This Well Changes Everything for the Netherlands The Dutch government launched the SCAN program (Seismic Campaign Nethe...

Geothermal-Powered Greenhouses: Qingyun County's Leap Toward Sustainable, Year-Round Agriculture in Shandong

Harnessing Geothermal Energy to Power Modern Agriculture: How Qingyun County Is Redefining Sustainable Food Production in Shandong By:  Robert Bulum a As winter tightens its grip across northern China, most agricultural regions brace for declining productivity, rising energy costs, and increased environmental pressure. Yet in Qingyun County, located in China’s eastern Shandong Province, a different story is unfolding,one where geothermal energy is quietly transforming agriculture into a resilient, low-carbon, high-yield enterprise. At the heart of this transformation lies the Shandong Shuifa Aerospace Modern Agriculture Industrial Park, where geothermal energy has become a critical enabler of year-round food production, economic efficiency, and environmental sustainability. A Warm Oasis in the Depth of Winter Shortly after the Minor Snow solar term, temperatures outside the greenhouses in Qingyun County drop sharply. Inside the intelligent greenhouse complex, however, conditions re...

Exergy ORC Sets New World Record: 46 MW of Geothermal Power in Turkey Delivered in Under 13 Months

Exergy ORC Delivers Two Geothermal Power Plants in Turkey in Record Time: 46 MW Added in Under 13 Months By:  Robert Buluma On November 30, 2025, Exergy International proudly announced the successful commissioning of two new geothermal power plants in Aydın, Turkey: Maren Nezihe Beren 2 (13 MWe) and Emir (33 MWe), totaling 46 MW of new clean electricity capacity. What makes this milestone truly remarkable is the execution speed , both plants were delivered in less than 13 months from contract signing to full commercial operation, setting a new benchmark in the geothermal ORC (Organic Rankine Cycle) industry. Why This Achievement Matters in 2025 In an era where renewable energy projects often face delays of 24–36 months (or longer), completing two binary-cycle geothermal plants totaling 46 MW in under 13 months is nothing short of extraordinary. Turkey already ranks 4th globally in installed geothermal capacity (~1.7 GW as of 2024), and these new plants reinforce the country’s lead...

A Quiet Revolution Underground: Prenzlau’s Geothermal Leap Toward a Fully Renewable Heat Future

Prenzlau’s Geothermal Breakthrough: A Decisive Step Toward a Fully Renewable Heat Future By: Robert Buluma The city of Prenzlau, located in northeastern Germany, has reached a major milestone in its transition toward sustainable energy. In December 2025, Stadtwerke Prenzlau announced a decisive breakthrough in its geothermal project after successfully encountering geothermal water at a depth of 983 meters. This discovery represents a critical step forward for the city’s ambition to fully decarbonize its heat supply and positions Prenzlau as a leading example of how medium-sized towns can harness geothermal energy for district heating. The geothermal water discovered during drilling operations is estimated to be around 200 million years old and is contained within a saline sandstone formation deep underground. With a temperature of approximately 44°C and a planned production rate of 130 cubic meters per hour, the resource offers a reliable and continuous source of renewable heat. A test...

Germany Unveils Groundbreaking KfW–Munich Re Program to De-Risk Deep Geothermal Heat Projects

Germany Launches Landmark Financing Program to Accelerate Deep Geothermal Heat Projects By: Robert Buluma Germany has taken a decisive step toward securing a climate-neutral heat future. On December 18, 2025, the German Federal Ministry for Economic Affairs and Energy (BMWK), KfW Development Bank , and global reinsurer Munich Re officially launched a groundbreaking funding program designed to unlock large-scale investments in deep geothermal energy for municipal and industrial heat supply. The new initiative, known as the KfW Geothermal Promotional Loan (KfW-Förderkredit Geothermie), directly addresses one of the most persistent bottlenecks in geothermal development: the high financial risk associated with drilling deep geothermal wells. By combining low-interest loans with comprehensive risk coverage, the program is set to significantly accelerate geothermal deployment across Germany. Why Deep Geothermal Matters for Germany’s Heat Transition While Germany has made remarkable progre...

Fervo Energy To Partner With Turboden In 400 MW Utah Geothermal Project

Unleashing the Power of Earth:  Turboden and  Fervo Energy Partner to Revolutionize Geothermal Energy By: Robert Buluma In the heart of the rugged landscapes of southwest Utah, a groundbreaking collaboration is underway to harness the Earth's natural heat and propel the world towards a greener, more sustainable future. Turboden , a trailblazer in Organic Rankine Cycle (ORC) systems, has joined forces with Fervo Energy , a pioneer in enhanced geothermal systems (EGS), to embark on an ambitious journey towards redefining geothermal energy production. The Cape Station project stands as a testament to this alliance, marking Fervo Energy largest commercial endeavor in the geothermal energy sector to date. Positioned to become a beacon of innovation, Cape Station aims to revolutionize the way we harness energy from beneath the Earth's surface, with an anticipated total project capacity of approximately 400 MW. This endeavor not only symbolizes a transformative leap towards carbon-...

Zanskar’s Big Blind: First Blind Geothermal Discovery in 30 Years

Big Blind: The Geothermal Discovery That Changes Everything By: Robert Buluma Utah startup  Zanskar Geothermal quietly dropped one of the most important announcements in American energy in decades. They discovered and confirmed “Big Blind” ,the first completely blind, commercial-grade geothermal system found in the United States in over thirty years. Let that sink in. No hot springs.   No fumaroles.   No steaming ground.   No prior wells.   Zero surface expression whatsoever. Just desert, sagebrush, and – 7,000 feet below,  a reservoir hot enough and permeable enough to support gigawatt-scale power production. This isn’t incremental progress. This is a paradigm breaker. Why “Blind” Discoveries Matter So Much For the last 40 years, geothermal development in the U.S. has been geographically handcuffed. You could only build plants where nature advertised the resource on the surface – think Yellowstone, The Geysers, or Imperial Valley. Ever...

American Critical Resources and Plum Acquisition Corp. IV Sign LOI for SPAC Merger to Advance U.S. Geothermal Lithium Project

Revolutionizing Energy: The Synergy of Geothermal Power and Lithium Extraction at Hell's Kitchen Posted by  Robert Buluma  on December 20, 2025 In an era where the world is racing toward sustainable energy solutions, the intersection of geothermal power and lithium production is emerging as a game-changer. As electric vehicles (EVs), renewable energy storage, and advanced technologies demand ever-increasing supplies of critical minerals, innovative projects are stepping up to meet the challenge. One such groundbreaking initiative is the Hell's Kitchen project by American Critical Resources (ACR), a subsidiary of Controlled Thermal Resources Holdings Inc. (CTR) . This California-based endeavor not only harnesses the Earth's natural heat for clean electricity but also extracts lithium a vital component in batteries ,directly from geothermal brines. With a recent announcement of a proposed business combination with Plum Acquisition Corp. IV (Nasdaq: PLMK), a special purpose ac...

Geothermal Projects In Africa, Countries Overview

 Geothermal Projects in Africa: Country-wise Overview By : Robert Buluma Africa is increasingly turning to geothermal energy as a sustainable solution to meet its growing electricity demands. With abundant geothermal resources spread across the continent, several countries have embarked on ambitious projects to harness this clean and renewable energy source. Let's delve into the geothermal projects in various African countries, highlighting key players and prospects. Algeria Algeria is exploring its geothermal potential, particularly in the northern regions. Although in the early stages, initiatives are underway to assess feasibility and potential locations for geothermal power plants.  Burundi Burundi has shown interest in developing its geothermal resources, primarily in the northwest region near Lake Tanganyika. The government is actively seeking partnerships with international firms to kickstart exploration and development efforts. Comoros The Comoros Islands are situated ...

UK Bolsters Grenada's Geothermal Ambition With €10 Million Investment

UK Allocates £10 Million to Accelerate Grenada’s Green Energy Transition By:  Robert Buluma Grenada has received a significant boost in its journey toward sustainable energy solutions, thanks to a £10 million investment from the UK government. The announcement was made during a meeting between Baroness Chapman, the UK Minister for Latin America and the Caribbean, and Grenadian Prime Minister Dickon Mitchell in St. George’s.   This funding will be directed toward Grenada’s Geothermal Energy Development Project, which aims to explore the viability of the country’s geothermal resources. If successful, this initiative could reduce Grenada’s heavy reliance on imported fossil fuels and lay the groundwork for locally sourced, cost-effective, and climate-resilient energy solutions.   A Major Step Toward Energy Independence   Baroness Chapman emphasized the importance of this investment, stating, *“I am thrilled to announce £10m in new funding, which is support...