Corporate Climate Leadership
Search documents
Microsoft Expands Solar Investments Across Latin America and Europe
Yahoo Finance· 2025-11-26 18:47
Core Insights - Microsoft is expanding its clean energy initiatives globally, focusing on solar power agreements in Mexico, Brazil, and Spain to reduce its carbon footprint and support community development [1][5]. Group 1: Latin America Initiatives - Microsoft has partnered with Powertrust to construct 270 MW of solar capacity over the next four years in Mexico and Brazil, generating Renewable Energy Certificates (RECs) to offset its energy use [2]. - The partnership aims to enhance sustainability infrastructure and improve local community well-being, targeting regions with limited access to low-carbon energy [3]. - The initiative will create jobs, provide training, and collaborate with local NGOs for equitable project development [3][4]. Group 2: European Agreements - In Spain, Microsoft has signed a long-term Power Purchase Agreement (PPA) with Zelestra for 95.7 MW of solar power from two projects, which will also fund a Community Fund managed by the NGO ECODES [6]. - This fund will support local infrastructure, education, and sustainability programs [6]. Group 3: Broader Sustainability Goals - These agreements are part of Microsoft's global strategy to match 100% of its electricity use with zero-carbon power by 2025 and to become carbon negative by 2030 [7]. - The company has already contracted 34 GW of renewable capacity worldwide, positioning itself as a leader among major tech firms in climate-focused investments tied to social impact [7].