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-0.000211170942878368 -0.000105585471439184 -0.000422341885756586 -0.000739098300073988 0.00137261112870864 0.00327314961461305 0.00311477140745435 0.00401224791468689
Stock impact report

Google signs AES, Xcel supply deals to meet data-center energy needs [Yahoo! Finance Canada]

Southern Company (The) (SO) 
Last southern company (the) earnings: 4/30 06:30 am Check Earnings Report
Big ?Tech firms have been scouring for new, reliable and cleaner energy sources to power their rapidly expanding ?data centers, which have been driven by increasing use of artificial-intelligence applications. To meet the surging demand, utilities have been investing heavily to upgrade the country's grid, though this has raised concerns about increasing customer bills. Xcel entered into an agreement to power Google's ?new data center in Pine ?Island, Minnesota, while bringing 1,900 megawatts of new clean energy to the grid. The utility said the project would not raise costs ?for existing customers, as Google will pay all costs for its new service. The project would add 1,400 MW of new wind energy capacity, 200 MW of solar power and ?300 MW ?of long-duration energy storage. Google will also ?invest $50 million in Xcel's efforts ?to build a battery storage network across Minnesota. Meanwhile, Arlington, Virginia-based AES said it had signed a 20-year agreement with Google to Show less Read more
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