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Itochu unit signs renewable energy agreement with Google in Japan




By Reuters | Updated: May 24, 2024

TOKYO, May 24 (Reuters) – Itochu (8001.T) said on Friday it signed a long-term power supply agreement with Google (GOOGL.O) to help the search engine company achieve its renewable energy goals in Japan.

Itochu portfolio company Clean Energy Connect (CEC) will start service to Google in 2024 and will provide up to 72 megawatts of solar power to Google by 2026, the Japanese trading house said in a release.

Itochu invested in CEC in November 2021 amid growing demand for renewable energy for generative artificial intelligence and data centre operations.

@ Thomson Reuters 2024