Search results for Virtual Power Plant
AI & Enterprise
Google invests in virtual power plant in biggest U.S. grid to secure data centre electricity
Google is backing the construction of a virtual power plant in PJM Interconnection, the largest U.S. power grid, to address rising electricity demand from AI data centres. Working with distributed energy platform Voltus, the project will link resources such as electric vehicles, smart thermostats and storage to reduce or shift consumption during peak periods. Google will support build costs, with added capacity used for regional data centre operations. The project targets operation in 2027.
Industry
Chabi enters California electric vehicle charging market
Chabi, a fast-charging electric vehicle services company, has entered the U.S. energy market in California. It signed an agreement with SPT, a clean energy, energy storage and AI energy group, to build ultra-fast EV charging infrastructure and supply integrated energy solutions. The partners set a three-stage roadmap through 2030, targeting more than 3,000 chargers. Chabi also opened a U.S. office and warehouse in Riverside.
Industry
SK Eternix seeks to prove sustainability with earnings beyond Middle East-themed rally
Renewable energy has risen as an alternative as U.S.-Iran conflict heightens concerns over global fossil fuel supply chains, lifting SK Eternix shares. The company trades at 56,300 won, up 168% from a post-war low. Some investors question whether the move is a short-term theme. SK Eternix points to an owned-and-operated generation model, long-term REC contracts and growth across solar, wind, fuel cells and ESS, alongside improving earnings and asset expansion.
