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bytedance plans significant data center investment in brazil amid infrastructure challenges

ByteDance is exploring a significant investment in a data center in Brazil, potentially developing a 300 MW facility in the Pecem port complex, with plans to expand to 900 MW. The site is appealing due to its renewable energy sources and submarine cable access, although infrastructure challenges persist, particularly regarding grid stability. As Brazil's data center market grows, concerns about equitable energy distribution alongside technological advancement are emerging, highlighting the need for careful resource management.
Tech in Asia
Brazilian Real Casa DOS Ventos SA Digital Realty Trust, Inc. CHN BRA
Environment & Sustainability, Market Report
03:15 27.04.2025

xAI faces scrutiny over pollution claims amid rapid data center expansion

Elon Musk's xAI faces allegations of operating unpermitted gas turbines, potentially making it the largest smog emitter in Memphis, where residents claim the company is perpetuating environmental racism. Thermal imaging revealed over 30 turbines running, contradicting xAI's claims of only using 15. As the Shelby County Health Department prepares for a public hearing on xAI's air permit applications, concerns grow over the lack of transparency and potential health risks from emissions.
Ars Technica
United States Dollar SpaceXCoin USD USA Amanda Garcia Keshaun Pearson Elon Musk Paul Young Show more
Environment & Sustainability, News Article
21:15 25.04.2025

barclays lowers intel price target amid ai growth and trade concerns

Barclays has lowered Intel Corporation's price target to $19 amid ongoing trade war and tariff concerns. A recent IMF report indicates that while AI is expected to boost global GDP by 0.5% annually from 2025 to 2030, it will also lead to a cumulative increase in greenhouse gas emissions of 1.2% if current energy policies persist. The social cost of these emissions is estimated at $50.7-$66.3 billion, which is outweighed by the economic benefits of AI, highlighting the need for intentional and sustainable AI applications.
Yahoo Finance
Intel Corporation Nasdaq 100 Jun 25 Barclays PLC USA Show more
Environment & Sustainability, Market Report
15:15 25.04.2025

Canton of Uri and UKB Collaborate for Sustainable Energy Transition

The Cantonal Bank of Uri (UKB) is committed to sustainability, emphasizing its role in promoting energy efficiency and supporting the canton of Uri's Energy Strategy 2030, which aims for climate neutrality by 2050. UKB has achieved net zero greenhouse gas emissions since 2023 and encourages sustainable practices among its customers. The bank's initiatives include financing energy-efficient renovations and expanding renewable energy use, particularly through geothermal and photovoltaic systems.
Urner Zeitung
CHE Esther Heiz Alexander Walker Stefan Gisler Urs Eichenberger Show more
Environment & Sustainability, Press Release
14:00 25.04.2025

the future of hydrogen energy and its role in sustainable development

Hydrogen, a versatile energy source, can be produced through various methods, each impacting the climate differently. Green hydrogen, generated from renewable energy, is climate-neutral, while gray hydrogen from fossil fuels is not. Future hydrogen production could reach 3,000 to 5,000 gigawatts by 2050, primarily from solar energy, necessitating extensive infrastructure for production, storage, and transportation. Hydrogen has potential applications in CO₂-intensive industries, heavy transport, and as a seasonal energy buffer, while also leveraging existing natural gas pipelines.
e-fundresearch.com
United States Dollar AUT Hannes Loacker
Environment & Sustainability, Market Report
12:08 25.04.2025

swiss national bank faces protests over environmentally harmful investments

Environmentalists protested at the Swiss National Bank's AGM, urging it to divest from companies linked to ecological damage, particularly in the Amazon and Cerrado regions. Activists criticized the bank's investment strategy, calling for stricter exclusion criteria and greater transparency regarding its holdings in firms that harm the environment. They argue that the SNB's current approach is insufficient and risks future generations' well-being.
reuters.com
Swiss Franc Swiss National Bank BRA CHE Guillaume Durin William Maclean Martin Schlegel Show more
Environment & Sustainability, News Article
10:44 25.04.2025

Raiffeisen launches energy cell pilot project in southern Burgenland

Raiffeisen Niederösterreich-Wien and Burgenland are investing in Enlion Service GmbH to establish Southern Burgenland as a pilot region for energy cells, promoting a decentralized and resilient energy system. The Enlion Community Hub, opening on May 13 in Ollersdorf, will showcase innovative local energy solutions, providing regional green electricity to energy cooperative members.
energynewsmagazine.at
Raiffeisenfonds-Wachstum T AUT Andreas Schneemann Eva Fugger
Environment & Sustainability, News Article
08:52 25.04.2025

Raiffeisen and Enlion Launch Community Energy Initiative in Burgenland

Raiffeisen has partnered with Enlion to enhance regional energy concepts and promote the energy transition through innovative initiatives and financing. The first "Community Hub" in Ollersdorf will integrate photovoltaic systems, battery storage, and charging infrastructure, fostering collaboration among citizens, businesses, and municipalities. This initiative aims to empower local energy supply, making it renewable, interconnected, and economically viable.
noen.at
Raiffeisenfonds-Wachstum T AUT Andreas Schneemann Eva Fugger
Environment & Sustainability, Press Release
15:30 23.04.2025

mati carbon wins 50 million xprize for innovative carbon removal solution

Mati Carbon, a startup utilizing enhanced rock weathering, won the $50 million Carbon Removal XPRIZE for its innovative approach to carbon capture on small farms in India. The competition, backed by Elon Musk, aimed to find scalable solutions to remove atmospheric CO2, with Mati's method demonstrating significant potential for both carbon sequestration and agricultural benefits. The prize money will help expand their efforts to support farmers across the Global South, targeting a gigaton of carbon removal.
Heatmap News
United States Dollar NetZero USD IND FRA OMN CAN Mike Leitch Shantanu Agarwal Nikki Batchelor Elon Musk Erin Burns Show more
Environment & Sustainability, News Article
13:00 23.04.2025

houston startup wins xprize for innovative carbon removal through rock weathering

Mati Carbon, a Houston startup, won a $50 million prize from Elon Musk’s XPrize for its innovative approach to carbon removal through enhanced rock weathering. By spreading crushed rock on small farms in India, Zambia, and Tanzania, the method not only captures CO2 but also boosts crop yields by releasing essential nutrients. The company plans to scale its model globally, aiming to benefit millions of smallholder farmers while providing a cost-effective solution for significant carbon capture.
fastcompany.com
IND ZMB TZA Shantanu Agarwal Jake Jordan Show more
Environment & Sustainability, News Article
13:00 23.04.2025
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