Zhi Tong Cai Jing·2025-12-15 04:43Core Insights - Alphabet, the parent company of Google, has signed a solar power purchase agreement in Malaysia to seek clean energy supply for its global operations [1] - The project involves a 30-megawatt solar power plant developed by a consortium led by Shizen Energy's Malaysian subsidiary, expected to be operational by 2027 [1] - This agreement highlights the efforts of global tech giants to decarbonize their high-energy-consuming businesses, although the region still heavily relies on fossil fuels [1] Group 1 - The agreement is part of Malaysia's initiative to provide green power to businesses, aiming to increase its renewable energy capacity from approximately 26% last year to 70% by 2050 [1] - Malaysia has implemented measures to attract investment, such as launching the "Corporate Green Power Program," under which the agreement with Shizen was signed [1] - Long-term power purchase agreements (PPAs) like the one between Google and Shizen are crucial tools for companies to achieve emission reduction targets, providing financial security in regions with regulatory uncertainties [1] Group 2 - The Malaysian project is the latest clean energy agreement between Shizen and tech companies, following a renewable energy agreement signed with Microsoft in Japan [2] - Shizen has previously signed a PPA for Google's data center located in Chiba Prefecture, Japan [2]