Reported 12 months ago
On July 2, 2024, Google announced a partnership with Risen Energy to invest in a solar power plant in Taiwan with a target installation capacity of 1GW. This news led to a surge in solar energy stocks, with solar module manufacturers hitting the limit up. Gintech's (6443) stock price fluctuated at a high level on the 2nd, with a large order hitting and closing at the limit up at 31.35 yuan, with a trading volume of 99,200 shares. Google will also purchase up to 300MW of solar energy through power purchase agreements (PPAs) from this project, obtaining renewable energy certificates in Taiwan to support Google's electricity needs in data centers, Google Cloud regions, and office operations in Taiwan.
Source: YAHOO