Google’s 150 MW AI Energy Demand: Geothermal Deal SHOCKS Market! What This Means NOW!
Did you know AI's insatiable hunger for power is creating a clean energy gold rush, making companies like Google invest heavily? Renewable energy firm Ormat Technologies just inked a massive long-term geothermal power deal for 150 megawatts with NV Energy to fuel Google's expanding operations in Nevada. This agreement highlights geothermal's dramatic resurgence as a reliable, carbon-free alternative, crucial for powering the burgeoning AI data centers that are driving up U.S. electricity consumption. Consequently, Ormat's shares surged over 4.7%, reflecting market excitement over Big Tech's push for scalable, sustainable energy solutions. Discover how this energy revolution impacts your future by subscribing to our channel for more breaking financial news!
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