Tech companies are hastily increasing their data center capacities to meet the booming demand for AI services, which is expected to double power requirements by 2029. This growing demand has notably spurred investment in solar power, leading to numerous large-scale contracts. Despite its intermittency challenges, solar power stands out for its quick deployment and low costs, making it an attractive option compared to other energy sources. Since 2025, key players like Meta and OpenAI have engaged in several significant solar agreements to enhance their renewable energy footprints.
The rapid expansion of data centers driven by AI has dramatically increased power demand, prompting a surge in solar energy deals to fulfill these needs.
Despite the challenges with solar intermittency, the technology is experiencing unparalleled growth as companies pursue quick, cost-effective renewable energy solutions.
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