Oct 8 (Reuters) - Technology companies and utilities are increasingly exploring ways to make power-hungry data centers more flexible in when and how they consume electricity, helping ease the strain on US power grids as AI-driven demand surges. The strategy, called "demand response", involves data centers temporarily reducing or shifting electricity use during periods of... Continue Reading →
US senators hit deal on energy project permitting bill, vote after midterm elections
Sept 30 (Reuters) - US senators from both parties said on Wednesday they have reached a deal to reform laws on the permitting of large energy and infrastructure projects, though a vote will not occur before the midterm elections. The agreement marks a significant milestone in the years-long effort by Congress to overhaul federal permitting,... Continue Reading →
Tech explores Argentina’s Patagonia for mega data centers
Sept 7 (Reuters) - Argentina's rugged Patagonia is drawing increasing interest from investors searching for sites for mega data centers who are enticed by the region's cool temperatures, renewable energy, shale gas and empty stretches of land. As tech giants known as hyperscalers race worldwide to build server farms and run into roadblocks amid anti-data-center... Continue Reading →
Dominion Energy, NextEra secure shareholder approvals for merger deal
Sept 3 (Reuters) - Shareholders of Dominion Energy and NextEra Energy approved the companies' proposed $66.8 billion merger deal, according to regulatory filings on Thursday. The companies had announced their plan to merge in May, which is expected to create one of the world's largest electric utilities during an expansion of energy-intensive data centers to support artificial intelligence. Virginia-based... Continue Reading →
France’s Voltalia wins approval for $35 billion data center project in Brazil
Aug 27 (Reuters) - French renewable energy company Voltalia has received authorization from Brazil's government to install a data center at the Pecem port complex in Ceara state, securing tax exemptions for the planned mega-project. Investment in the data center is expected to total 181.7 billion reais ($35.24 billion), Brazil's government said in a Wednesday statement.... Continue Reading →
Bureau Veritas Gives Blessing to Seatrium’s 30MW Floating Data Center
July 28 (OE) Seatrium has received Approval in Principle (AiP) from Bureau Veritas Marine & Offshore for its 30 MW Floating Data Centre (FDC) concept, marking a milestone in the development of offshore digital infrastructure designed to support growing demand for artificial intelligence and cloud computing. The concept features a jetty-moored, non-propelled barge incorporating six... Continue Reading →
Oilfield services provider Baker Hughes beats Q2 profit estimates
July 26 (Reuters) - Baker Hughes reported a stronger-than-expected second quarter as the oilfield services and energy technology company benefitted from brisk demand for LNG equipment, gas infrastructure and power generation projects tied to growing electricity needs. Earnings per share were 64 cents, topping analysts' expectations compiled by LSEG of 50 cents. Adjusted earnings before interest,... Continue Reading →
China activates world’s first offshore wind-powered underwater data center
May 20 (interestingengineering) China’s offshore wind-powered underwater data center, said to be the world’s first of its kind, has entered full commercial operation off the coast of Shanghai’s Lingang Special Area. The $226M project was officially launched in June 2025 through a cooperation agreement signed between the Lingang Special Area administrative committee, Shanghai Lingang Special... Continue Reading →
Brazil’s Omnia, Casa dos Ventos sign $2 billion energy deal for TikTok data center
May 18 (Reuters) - Omnia, the data center platform of Brazil's Patria Investments, has signed a $2 billion, 20-year energy supply agreement with renewable generator Casa dos Ventos to power a data center it is building for TikTok-owner ByteDance, the companies told Reuters. The data center, located at the Pecem port complex in the northeastern... Continue Reading →
NextEra Energy strikes $66.8 billion deal for Dominion in bets on AI power demand
May 18 (Reuters) - U.S. power companies NextEra Energy and Dominion Energy announced a plan to merge on Monday in a $66.8 billion deal that will form one of the world's largest electric utilities during an expansion of energy-intensive data centers to support artificial intelligence. The all-stock transaction, which is pending regulatory approvals, is one... Continue Reading →