US Renewables Update

In 2024, Akamai continued to advance our goal of 100% renewable energy and net-zero emissions. Building on progress made in 2023, Akamai, in collaboration with Teradyne and Wayfair, signed a virtual power purchase agreement (VPPA) to support the development of new renewable energy in Champaign County, Illinois, within the carbon-intensive grid of the Midcontinent Independent System Operator (MISO) North region.

This partnership reflects our emissions-first approach, which prioritizes reducing emissions in the regions that need it most. We expanded our 30 MW portion of Prairie solar to a 44.8 MW share of the project. Our portion of Prairie Solar is anticipated to generate approximately 100,177 MWh annually and prevent an estimated 77,000 metric tonnes of CO2e emissions each year. Scheduled to come online in Q1 2026, Prairie Solar will benefit the environment, support job creation, and reduce the emissions impact on the local community, while adding significant renewable power to Akamai’s U.S. portfolio.

Looking ahead to the 2nd half of 2025 and beyond, this project exemplifies Akamai’s goal of driving meaningful climate action and supporting a decarbonized future through targeted, impactful renewable energy investments.

Global Renewable Energy Expansion

In 2024, Akamai focused on identifying opportunities to expand our renewable energy program globally, aligning with our dedication to bring net-new renewable energy to the regions where we operate. Through engagement with developers, market research, and targeted initiatives, we explored ways to advance renewable energy adoption across key markets, including the European Union (EU), India, Southeast Asia, Australia, and Japan.

Evaluating Projects in the EU

The EU remains a critical area of focus for Akamai, where we are actively exploring opportunities to add new renewable energy capacity. In 2024, we initiated a request for proposals (RFP) and project-specific negotiations centered on renewables that address carbon-intensive grids within the region. By engaging with developers and evaluating project options, we aim to align our renewable energy investments with the EU’s ambitious climate targets while prioritizing high-impact opportunities that reduce emissions.

Exploring Opportunities in Asia-Pacific

In 2024, we laid the groundwork for our market-entry strategies in Japan, Singapore, and Australia. At the same time, we deepened our engagement with India’s booming digital economy and Southeast Asia’s vibrant energy markets — each offering significant potential for renewable-energy growth. Across all these regions, we focused on navigating complex regulatory landscapes and forging partnerships to drive forward solar and wind project opportunities.

By prioritizing areas with higher carbon intensity, Akamai is assessing the feasibility of projects that could bring new renewable energy capacity to local grids, contributing to emissions reductions and environmental benefits. These efforts aim to align with local and national sustainability goals while laying the groundwork for future investments that maximize both environmental and community impact.

Identifying Pathways in Japan

Japan’s unique energy landscape, characterized by a reliance on imported fossil fuels, underscores the need for renewable energy development. Akamai sought opportunities to collaborate with stakeholders and evaluate potential projects, particularly in solar and offshore wind. By focusing on initiatives that align with Japan’s carbon neutrality goals, we aim to contribute meaningfully to the country’s clean energy transition.

Looking Ahead

As we look to 2025, Akamai is focused on transforming opportunities into impactful action to expand our renewable energy footprint. By prioritizing high-carbon-intensity regions and collaborating with local stakeholders, we aim to drive meaningful progress toward our sustainability goals.

Renewable Colocation Partnerships

We work closely with our data center partners, who share our environmental concerns, to ensure that our operations are powered solely by renewable energy sources. As of December 2024, around 95% of our network deployments are in facilities licensed or leased from our colocation partners, who have demonstrated a strong alignment to renewable energy. Our joint efforts have positively impacted the environment, and we continue to prioritize sustainability as a key objective in our operations.