Stock Markets February 18, 2026

Microsoft to Sustain 100% Renewable Electricity Matching as Data Center Build-Out Continues

Company vows to continue buying enough clean power to cover all its electricity demand after meeting its 2025 target; renewable and carbon-free contracts to underpin AI-driven expansion

By Jordan Park MSFT
Microsoft to Sustain 100% Renewable Electricity Matching as Data Center Build-Out Continues
MSFT

Microsoft says it has met its goal of matching all electricity use with contracted renewable supply and will continue to purchase enough clean power to maintain that status as it expands data centres for AI. The company has contracted 40 GW of new renewable capacity, with 19 GW already delivered to grids across 26 countries and the remainder scheduled over the next five years. Microsoft also plans large AI-focused investments and expects policy changes in Ireland to unlock stalled projects.

Key Points

  • Microsoft has contracted 40 gigawatts of new renewable energy, mainly via power purchase agreements, and intends to continue matching 100% of its electricity use.
  • Nineteen gigawatts of that contracted renewable energy are already delivered to power grids, with the balance due over the next five years across 26 countries.
  • The company plans to invest $50 billion by 2030 to expand AI and cloud infrastructure into the Global South; policy shifts in Ireland are expected to unlock stalled data centre proposals.

Microsoft reported on Wednesday that it has met its target of purchasing enough renewable energy to match all of the electricity it uses and intends to continue buying equivalent clean power as it grows operations. The company said it reached the 2025 objective by contracting 40 gigawatts of new renewable energy supply, primarily through long-term power purchase agreements that support the financing and development of new generation projects.

Of the 40 gigawatts contracted, Microsoft said 19 gigawatts have already been injected into power grids. The remaining contracted supply is expected to be delivered over the next five years and spans projects in 26 countries, according to the company.

At the West Dublin campus - Microsoft’s first data centre outside the United States, opened in 2009 - the company’s cloud operations chief Noelle Walsh said the firm intends to preserve the 100% electricity matching as demand rises, stating: "As we continue to grow we want to maintain that 100%." Chief Sustainability Officer Melanie Nakagawa told Reuters that carbon-free electricity will play an increasing role in meeting the matching target through 2030. Nakagawa cited carbon-free sources such as the 2024 agreement with Constellation Energy to restart a nuclear plant in Pennsylvania as examples of that approach.

Microsoft separately outlined investment plans aimed at extending AI capabilities beyond traditional markets. The company said it is on pace to invest $50 billion by 2030 to expand AI into countries across the Global South, with much of that capital directed at cloud and AI data centre capacity.

In Ireland, Microsoft expects a recent change by the government that effectively lifts a moratorium on new data centre grid connections to help it address significant pent-up demand. Walsh said the move will allow Microsoft to meet what she described as "tremendous" pent-up demand in the country.

Microsoft's EMEA cloud operations lead, Eoin Doherty, said the company plans to advance previously paused proposals for a data centre campus outside Dublin once a regulatory policy requiring new data centres to source at least 80% of their annual demand from additional renewable power begins being implemented next month. The company noted that data centres accounted for 22% of Ireland’s power consumption in 2024.


Microsoft’s stated strategy combines long-term renewable contracts and growing use of carbon-free electricity to sustain a full match between its electricity consumption and contracted clean supply, even as it embarks on an AI-driven expansion of power-intensive data centre infrastructure and prepares large-scale investments in new markets.

Risks

  • Delivery timeline for contracted renewable capacity - the remainder of the 40 gigawatts is scheduled to be supplied over the next five years, creating exposure to project completion and grid integration risks. (Impacted sectors: Utilities, Renewable Energy)
  • Regulatory implementation - the planned expansion of at least one Irish data centre campus is contingent on a policy that begins implementation next month, creating uncertainty for project timing and approvals. (Impacted sectors: Data Centres, Energy)
  • Grid demand and local power consumption - data centres already represented 22% of Ireland’s power use in 2024, highlighting strain on local grids and the need for additional generation or grid upgrades. (Impacted sectors: Utilities, Infrastructure)

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