Equinix: Equinix signs new PPA in Australia

Feb 07, 2024 | Posted by Abdul-Rahman Oladimeji

Global colocation giant Equinix recently announced that it has signed a power purchase agreement (PPA) for 151MW of wind power in Australia. The company will  pay for 20 percent of the first phase of the giant Golden Plains Wind Farm project, which is being built in rural Victoria, not far from Melbourne, and will be the largest wind farm in the Southern Hemisphere when complete.

Kevin Hagen, interim CEO of the Clean Energy Buyers Association, a group that includes major cloud players such as Google, Microsoft, and Amazon said, "Data center operators and other large buyers like Equinix have accelerated the clean energy transition by executing PPAs and other contracts that create long-term financial stability for developers of wind, solar, and other clean energy resources.”

He added, “These transactions have changed the electricity market in the US and Europe. Now high impact deals like this are helping to lead the effort to drive local demand and shift markets in regions where there is even more opportunity for decarbonization such as Australia, India, and Southeast Asia."

Christopher Wellise, Equinix's vice president of sustainability also commented, “Once this expansion of the Golden Plains Wind Farm – East project is completed in 2029, our impact through all 21 PPAs will amount to more than one gigawatt of renewable energy added to local grids. In combination with other sustainability efforts, this will bring Equinix to 100 percent renewable coverage across all of our operations globally.”