Former Google CEO Eric Schmidt is getting into the AI and data center race with his new startup, and he’s betting on rural West Texas and a failed railroad turned oil giant to help him build enough power to light up 7 million homes. Schmidt’s new Bolt Data & Energy is taking the one-stop shop…
Electricity supply is increasingly outpacing demand in Europe as renewable energy capacity grows, making negative prices a more frequent occurrence. In early 2020, Spain’s installed solar power capacity totaled nearly 9 gigawatts, according to data from Red Eléctrica. In early 2025, it had soared to 32 GW, helped by subsidies. With solar panels and wind…
Indraprastha Gas Ltd, India’s largest city gas retailer, on Wednesday announced a ₹0.70 cut in prices of natural gas piped into household kitchens for cooking in Delhi and NCR towns. The reduction in rates will be effective January 1, the company said in a post on X. “IGL has announced a substantial…
Georgia’s only private electric utility plans to increase power capacity by 50% after state regulators on Friday agreed 5-0 that the plan is needed to meet projected demand from data centers. It would be one of the biggest build-outs in the U.S. to meet the insatiable electricity demand from developers of artificial intelligence. The construction cost would…
Silicon Valley and Washington sees data centers as the backbone of America’s AI future. Residents who live next to them see giant, humming boxes that throw diesel exhaust into the air, drive up energy costs, and steamroll the look and feel of their neighborhoods—“a plague,” as Virginian anti-data center activist Elena Schlossberg put it. “If…
Tata Power on Monday said it is aiming for a capex of Rs 25,000 crore in the current fiscal year and will look to maintain the same annual spend till FY30. As per an investor presentation, 65 per cent of the capex is aimed at clean energy projects. Tata Power, which made…