Microsoft anchors $9B renewable energy coalition

Core Insights - Big tech companies are shifting focus from nuclear power investments to renewable energy projects, with Google and Microsoft leading the charge [1][2] Group 1: Company Initiatives - Google announced a funding of $20 billion for renewable power projects across the U.S. [1] - Microsoft is involved in launching the Climate and Communities Investment Coalition, aiming to invest $9 billion to develop 5 gigawatts of renewable power, sufficient to power nearly 1 million homes [2] - Microsoft has already invested in a 210-megawatt solar farm in Texas through the coalition, with support from the Sustain Our Future Foundation [3] Group 2: Investment Strategy - The coalition, organized by Acadia, emphasizes that corporate involvement can exponentially accelerate the expansion of renewable energy [2] - Microsoft has not linked its renewable projects to specific data centers, suggesting that renewable energy credits (RECs) will contribute to its general energy portfolio [4] - Acadia plans to complete the renewable projects over a five-year period [5]