# renewable energy
Latest news and articles about renewable energy
Total: 5 articles found
Google Pays $4.75bn to Buy Intersect, Moves From Power Contracts to Ownership in Clean Energy
Google has acquired wind and solar developer Intersect from TPG Rise Climate for $4.75 billion, taking on the company’s debt. The deal signals a shift by big tech from relying mainly on power purchase agreements to owning generation assets, aiming to secure long‑term, controllable clean power for energy‑intensive operations such as data centres and AI.
State-backed funds inject ¥6.46bn into CGN’s Yunnan renewables push, accelerating provincial green build-out
CGN’s Yunnan new‑energy arm has raised ¥64.6bn from five state‑linked institutional investors, marking one of the largest single strategic financings in Yunnan’s clean‑power sector. The deal underlines strong domestic institutional appetite for long‑term renewables assets while highlighting the need for concurrent transmission and market reforms to avoid curtailment and unlock full value.
China’s Researchers Push Kesterite Solar Cells Past 15% Efficiency, Narrowing Gap with Mainstream PV
Chinese scientists have pushed CZTSSe kesterite solar cells past 15% certified efficiency, a notable lab milestone for a thin‑film technology made from earth‑abundant, non‑toxic elements. The result strengthens the case for lower‑cost, widely deployable thin‑film photovoltaics but still faces scaling, stability and module‑level challenges before commercial impact can be judged.
Adani Pledges $100bn for Renewable‑Powered AI Data Centres — A Bet on India’s Green Cloud Future
Adani Group announced a $100 billion investment through 2035 to build AI‑optimised data centres powered by renewable energy, one of India’s largest private digital‑infrastructure pledges. The plan aims to meet surging demand for AI compute while reducing carbon intensity, but realization will depend on financing, grid upgrades, storage and supply‑chain partnerships.
Meta Commits Over $10 Billion to a 1‑GW Data Centre in Indiana, Betting on an AI‑Heavy Future
Meta will build a 1 GW data‑centre campus in Lebanon, Indiana, with more than $10 billion invested in the facility and nearby community, creating roughly 4,000 construction jobs and 300 permanent roles. The scale of the project signals a strategic push for large‑scale AI and content infrastructure but raises questions about power supply, local benefits and long‑term demand for such massive compute sites.