Deriva Energy, a Brookfield portfolio company, has joined Brookfield and Microsoft in a global renewable energy agreement. The deal aims to supply Microsoft with over 10.5 gigawatts of renewable energy worldwide. Deriva will play a significant role in delivering renewable energy to Microsoft in the US. The agreement underscores Brookfield’s commitment to advancing Microsoft’s renewable energy initiatives and supports Microsoft’s growing cloud services demand.
Deriva Energy to deliver Microsoft’s energy needs
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)