Microsoft to invest USD 10 bn in renewables projects: Tech giant Microsoft has committed USD 10 bn to support Brookfield Asset Management’s renewable electricity projects with a total capacity of 10.5 GW, enough to power around 1.8 mn homes, The Financial Times reports. The partnership will finance the development of wind and solar farms between 2026 and 2030, starting with the US and Europe, and the generated power will feed grids from which data centers draw energy. The agreement highlights the competition to fulfill clean energy obligations while meeting the substantial energy needs of cloud computing and artificial intelligence.
Australia moves forward on wind plans: Australia has approved feasibility studies for six offshore wind farm projects along its southern coast with six more pending approval following talks with Indigenous communities, Reuters reports. These initiatives, which include proposals by wind companies like Denmark's Orsted and Spain’s Iberdrola, would collectively generate 25 GW of power, surpassing the current capacity in the state of Victoria.