Reuters writes that investment could see Google purchase as much as 300 MW of green energy from BlackRock-owned NGP to support the decarbonization of the company, as well as its local suppliers.

This is a logical next step for Google, who operates a data center and an office building in Taiwan, as the company looks to run all its operations on net-zero clean power. Currently, 85% of Google's operations in Taiwan are run on fossil-generated energy. Amanda Peterson Corio, Google's Global Head of Data Center Energy, said that "the goal of this investment is really to support the build out of a large-scale solar pipeline in Taiwan."

"A significant share of our Scope 3 footprint can be traced back to the electricity grids that power our suppliers and users, which is why broad decarbonization — and partnerships like this — continue to be core to our net-zero goal", she added.

Companies that have operations in the Asia-Pacific regions have a harder time decarbonizing their activity, as the infrastructure is not as developed and purchasing green energy is limiting, compared to other places.

Taiwan is one of Asia's forward-thinking countries in this sense, looking to achieve 20 GW of clean power by 2025 and up to 80 GW by 2050, as per BlackRock officials.