The post Solaria taps Goldman for 3. 4GW AI data center deal appeared com. Solaria Energía y Medio Ambiente SA, a Spanish solar developer, has taken on Goldman Sachs Group Inc. to help secure a sizable financial partner for its European data-center platform. This indicates that Solaria is eager to integrate itself into the heart of the burgeoning European market for AI-based electricity. The new platform is built on a foundation of 3. 4 gigawatts of already consolidated grid access in Spain, Italy, Germany, and the United Kingdom. Solaria has also applied for another 5 gigawatts, underscoring the company’s desire to secure as much capacity as possible in the lead-up to industry competition. The company hopes to finalize a deal by next summer, its nearby observers said. Neither Solaria nor Goldman Sachs released publicly available information. AI growth reshapes Europe’s power and data-center landscape. AI is drastically changing the world’s energy demand on a massive scale. Powerful training and running complex intelligence systems on AI models require a significant amount of electricity. Analysts suggest that power consumption due to AI could quadruple by the end of the next decade. Meanwhile, growing pressure is already mounting on data center developers and tech companies to identify large, long-term power supplies. The trend is more pronounced in Europe. Energy needs from data centers are anticipated to increase dramatically, potentially generating tens of gigawatts of new renewable capacity by 2030. Since solar energy has been regarded as a significant alternative to traditional energy sources, and its costs are falling steadily, Solaria is also moving quickly to stay ahead. These commitments are pressuring hyperscalers to align with energy developers who can guarantee not only capacity but also speed areas in which Solaria has already demonstrated strength. The company’s home market, Spain, ranks among the most attractive to AI centers in Europe. It has ample sunlight, available land, and strong.
Tag: manufacturing
Building Thermal Insulation Market Future Growth Driven by Energy Policies
The global building thermal insulation market was valued at USD 26. 9 billion in 2024 and is projected to reach USD 37. 8 billion by 2030, growing [read full press release.].
Wild video shows Russian chopper pilot make baffling choice before deadly crash
Harrowing video footage shows the moment a Russian helicopter smashed into a pier and bashed its tail off with the pilot then bizarrely choosing to fly out to sea before losing control and crashing. Five senior members of a Russian defense manufacturer were killed in the crash. The dramatic clip reveals a badly botched landing in Russia’s Republic of Dagestan region on Nov. 7 After clipping off its tail, the helicopter then drifts along the Caspian Sea possibly searching for somewhere else to land. Separate CCTV footage reportedly shows the Ka-226 utility copper smashing into a residential building.
Salman Khan summoned by Consumer Court for alleged misleading ‘Pan Masala’ ads
Salman Khan is in the eye of a legal storm after a consumer court issued a notice to him in connection with allegedly misleading advertisements for a pan masala brand. A complaint filed by senior BJP leader and Rajasthan High Court advocate Inder Mohan Singh Honey accused the actor and the company behind the product of deceptively promoting the product as “saffron-infused cardamom” and “saffron-infused pan masala.” Honey pointed out that saffron costs about Rs. 4 lakh per kilogram and contended it “cannot be an ingredient in a product priced at Rs. 5.”Honey further remarked, “Salman Khan is a role model for many people. We have filed a complaint against it in the Kota Consumer Court, and notices have been issued for a hearing. Celebrities or film stars in other countries don’t even promote cold drinks, but they are promoting tobacco and pan masala. I urge them not to spread the wrong message to the youth, as pan masala is one of the leading causes of mouth cancer.”Following the filing of the complaint, the Kota Consumer Court has formally issued notices to the actor and the manufacturing company, requesting their responses ahead of the next hearing scheduled for November 27. It’s worth noting that while Salman Khan has appeared in advertisements for the brand’s elaichi (cardamom) product, he has not featured in ads for the pan masala product itself. The firm in question is the manufacturer of both elaichi and pan masala under the brand name. As of now, no reply has been publicly confirmed from Khan’s side or the company regarding the notice. The coming hearing will reveal whether the court deems the promotional claims unfair to consumers and whether the actor’s involvement will have further legal implications. Also Read : Salman Khan to play Chhatrapati Shivaji Maharaj’s right hand Jeeva Mahala in Riteish Deshmukh’s Raja Shivaji.
Texans make insurance move amid Ka’imi Fairbairn’s injury
The Houston Texans (3-5) have multiple holes to fill during what is a critical November slate. CJ Stroud’s concussion thrusts an already vulnerable squad into a distressing situation. This squad has had enough trouble manufacturing offense with its starting quarterback on the field. What can backup Davis Mills do behind a largely unreliable offensive line? [.] The post Texans make insurance move amid Ka’imi Fairbairn’s injury appeared first on ClutchPoints.
US & China agree to one-year truce on trade war
President Trump and President Xi agreed to temporarily halt aggressive and retaliatory controls on trade and exports.
Democrats, Pandering to Young Voters With Talk of ‘Fortnite’ and Snoop Dogg, Overlook Conservative Groundswell Among Rising Generation
‘We’re at a crucial juncture in restoring our country to its wholesome values,’ says one young conservative activist, inspired by the legacy of Charlie Kirk.
Loop Industries targets 2027 India facility launch and second plant expansion amid strong demand and new textile partnerships
Loop Industries targets 2027 India facility launch and second plant expansion amid strong demand and new textile partnerships
GM announces $1.6 billion EV impact ahead of quarterly earnings release
GM announces $1.6 billion EV impact ahead of quarterly earnings release
Why India’s electric truck makers are struggling to go local
India’s electric truck industry is facing a major challenge in meeting the government’s localization demands.