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Renewable energy will be the predominant power source for data centers, Nextracker CEO says - TL;DR CNBC

Renewable energy will be the predominant power source for data centers, Nextracker CEO says

Publishing timestamp: 2024-06-07 13:49:31


Summary

Nextracker CEO Dan Shugar believes that renewable energy will be the predominant power source for data centers, driven by the sustainability goals of tech companies and the rapid growth of solar energy projects. Despite arguments from the natural gas industry, Shugar is confident that renewable energy, particularly solar, will be the preferred choice for powering data centers in the future.


Sentiment: POSITIVE

Tickers: NXT, 

Keywords: breaking news: technology,  technology,  energy,  breaking news: markets,  alternative and sustainable energy,  oil and gas,  climate,  business news,  markets,  nextracker inc, 

Source: https://www.cnbc.com/2024/06/07/renewables-will-be-main-power-source-for-data-centers-nextracker-ceo.html


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