QCells and Microsoft Forge 12-GW Solar Power Partnership

• Microsoft partners with QCells to become one of the world's largest buyers of renewable energy, investing in solar modules and services to achieve its sustainability goals.

Renewable energy player QCells has signed an 8-year deal with tech giant Microsoft to supply 12 GW of solar modules and engineering, procurement, and construction (EPC) services. This makes Microsoft one of the world's largest purchasers of renewable energy. The deal includes a previously announced commitment of 2.5 GW of modules and EPC services. QCells will collaborate with Microsoft to bring 1.5 GW of solar panels per year to projects contracted by Microsoft through 2032. The solar modules will be supplied by QCells' factory in Georgia, part of a $2.5 billion investment.

Microsoft is investing in renewable energy to meet its sustainability goals, including being carbon-negative, water-positive, and zero waste by the end of the decade. The company has been investing heavily in renewable energy projects and technologies worldwide and has signed major power purchase agreements (PPAs) to decarbonize its data centers. Microsoft is also the second-largest purchaser of green energy in the US, after Amazon.

What is Microsoft's latest renewable energy deal and its significance in the solar industry?

• Microsoft has signed an 8-year deal with QCells, a renewable energy player, to supply 12 GW of solar modules and engineering, procurement, and construction (EPC) services.
  
• This deal makes Microsoft one of the world's largest purchasers of renewable energy.
• The agreement includes a previously announced commitment of 2.5 GW of modules and EPC services.
• QCells will work closely with Microsoft to bring 1.5 GW of solar panels per year to projects contracted by Microsoft through 2032.
• The solar modules will be supplied by QCells' factory in Georgia, which is part of a $2.5 billion investment.
• Microsoft's investment in renewable energy is driven by its sustainability goals, which include being carbon-negative, water-positive, and zero waste by the end of the decade.
• The company has been actively investing in renewable energy projects and technologies worldwide.
• Microsoft has also signed major power purchase agreements (PPAs) to decarbonize its data centers.
• With this deal, Microsoft solidifies its position as the second-largest purchaser of green energy in the US, following Amazon.
• The partnership between Microsoft and QCells highlights the growing significance of solar energy in the renewable energy industry.
• It demonstrates the increasing demand for solar modules and services, as well as the potential for large-scale solar projects to contribute to the transition to clean energy.
• Microsoft's commitment to renewable energy sets an example for other tech giants and companies across industries to prioritize sustainability and invest in renewable energy solutions.