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Renewable energy will be the predominant power source for data centers, Nextracker CEO says
NXTNextracker (NXT) CNBC·2024-06-07 17:49

In this article Christoph Dernbach | Picture Alliance | Getty Images But Dan Shugar, the CEO of Nextracker, said the low cost and rapid deployment of solar as well as the ambitious climate goals of Big Tech will make renewable energy the preferred power choice for data centers. Stock Chart IconStock chart icon When including wind power, there are about 1,400 gigawatts of renewables seeking connection, which is more than the entire installed capacity of the U.S. electric grid. Gas projects, on the other hand ...