The $100 billion Stargate joint venture—spearheaded by OpenAI, Oracle, and SoftBank Group—will be powered, at least in part, by renewable energy, including solar and battery storage, according to reports. SoftBank-backed SB Energy is expected to develop the necessary infrastructure, though renewables are unlikely to serve as the venture’s sole energy source. As artificial intelligence and […]
Malaysia’s Energy Commission has issued an open tender for the development of 2 GW of large-scale solar power, as part of the nation’s efforts to accelerate its clean energy transition. The projects, which will range in capacity from 10 MW to 500 MW, are aimed at bolstering Malaysia’s renewable energy ambitions. The announcement, made by […]
Northern Solar Holdings Bhd, a renewable energy company focused on solar power, has announced that its initial public offering (IPO) for the public portion has been oversubscribed by a staggering 73.2 times. The company, set to debut on Bursa Malaysia’s ACE Market, received an overwhelming 25,772 applications for 1.47 billion shares, amounting to RM924.59 million […]