SoftBank to spend an eye-popping $33B to build huge U.S. gas power plant
If completed, the project would be among the largest and most expensive natural gas power plants.
If completed, the project would be among the largest and most expensive natural gas power plants.
Elon Musk’s AI company had installed and operated 35 natural gas turbines without permits, something the EPA now says was illegal.
In an attempt to alleviate rising electricity prices, the White House wants grid operator PJM to hold an auction for new generating capacity, and it wants tech companies to bid.
Crusoe will pay Boom $1.25 billion for more than a gigawatt of generating capacity with deliveries of the turbines starting in 2027.
Meta’s massive data center will draw power from three gas-fired power plants producing 2.25 gigawatts.