Microsoft powers AI ambitions with 400 MW solar purchase

Core Insights - Microsoft is increasing its renewable energy capacity to support its AI ambitions, adding 389 megawatts through three solar projects [1] - The company has contracted nearly 20 gigawatts of renewable energy capacity, with the latest purchase contributing approximately 2% to this total [2] - Microsoft aims to become carbon negative by 2030, which requires sequestering more carbon than its operations produce [5] Renewable Energy Initiatives - The new renewable power additions include two solar projects in southern Illinois and one near Austin, Texas [1] - Microsoft is rapidly procuring renewable energy to support its cloud and AI operations, leveraging the quick deployment and cost-effectiveness of wind and solar energy [2] - Solar farms can begin producing power in as little as 18 months, allowing for faster electricity supply to data centers compared to traditional gas power plants [3] Hybrid Energy Solutions - Some renewable developers are implementing hybrid installations that combine solar and wind energy with battery storage to provide continuous power [4] - This approach allows for charging batteries when renewable energy is abundant and discharging them when it is not, enhancing reliability [4] Carbon Management Strategies - Microsoft is investing in various carbon removal methods, including direct air capture and reforestation, to achieve its negative emissions goal [6] - The company recently announced a deal to purchase over 7 million tons of carbon credits, which will cover about half of its emissions for 2023 [6]