Matheson has advised General Electric on its recently announced
power purchase agreement with global technology giant, Microsoft
Corporation. The deal builds on Microsoft's strategic
partnership with GE.
The long term Corporate Power Purchase Agreement (PPA), the
first ever Corporate PPA in Ireland, allows Microsoft to purchase
all wind energy produced at GE's new 37-MegaWatt wind farm in
Tullahennel, County Kerry and will help support the growing demand
for Microsoft Cloud services from Ireland. In addition to
producing energy, the project will produce valuable data on energy
storage. Each GE turbine will have an integrated battery. Microsoft
and GE will test how these batteries can be used to capture and
store excess energy, and then provide it back to the grid as
needed. This provides more predictable power to an increasingly
green Irish grid, by smoothing out peaks and valleys in wind
production. This will better enable intermittent clean power
sources like