Deals Counterparts

Google signs electric service agreement with Minnesota Power for 700MW clean energy

Supply Agreement Hybrid announced United States Mar 4, 2026
700 MW
Capacity

Google has signed an electric service agreement with Minnesota Power, which will see 700MW of clean energy resources developed, including 300MW of wind power and 400MW of battery storage capacity.

Deal Analysis

This announced electric service agreement between Google and Minnesota Power involves the development and supply of 700MW of clean energy resources. The project is notable for its hybrid composition, integrating 300MW of wind power with a substantial 400MW of battery storage capacity. This arrangement underscores Google's ongoing commitment to decarbonizing its operations, adding a significant volume of carbon-free energy to its portfolio, building on its existing procurement of nearly 1.2 GW via PPAs. The deal's strategic importance lies in its scale and technological sophistication. The inclusion of 400MW of battery storage alongside wind power is a key highlight, demonstrating a move towards more dispatchable and reliable clean energy solutions. This hybrid approach addresses the intermittency challenges often associated with renewable energy, providing a firmer and more stable power supply. For Google, this represents a substantial step in securing long-term clean energy, while for Minnesota Power, it signifies the capability to develop and deliver complex, integrated renewable energy projects to meet large corporate demand.
  • 700MW clean energy capacity secured by Google.
  • Hybrid technology: 300MW wind power combined with 400MW battery storage.
  • Google reinforces its position as a leading corporate clean energy offtaker.
  • Electric service agreement with Minnesota Power for long-term clean energy supply.

Timeline

Announced
Mar 4, 2026
Signed
Closed