Intersect Powerannounced a strategic partnership with Google and TPG Rise Climate to provide scaled renewable power and storage solutions to new data centers.
This partnership is designed to provide gigawatts of new data center capacity across the U.S. with Intersect Power starting up a targeted $20 billion in renewable power infrastructure by the end of the decade. The company has already begun financing the partnership’s first co-located clean energy project slated to be operational in 2026 and complete by 2027.
Under the partnership’s terms, Intersect Power will build new clean energy assets while Google will provide offtake through newly constructed data center campuses as an anchor tenant in co-located industrial parks. Once it is built, the Google data center would come online alongside its own clean power sources, bringing new generation capacity to the power grid to meet its own load.
The partnership’s ‘power-first’ approach represents a new model for increasing the speed of infrastructure deployment, easing the burden on the energy grid and improving overall reliability and affordability for energy customers. Data centers can achieve high percentages of renewable energy while reducing the transmission required for long distances by co-locating their load with large amounts of high-capacity, cost-efficient, clean electricity and added battery storage.
Companies in the partnership will work closely and coordinate with grid planners, operators and communities to develop local clean energy resources that support rural economic development for both the local community and landowners through job creation, support of local non-profits and increased tax revenue.
Jeff Wardon, Jr., is the assistant editor for the facilities market.
