The case for colocating data centers and generation

US-based Intersect Power has announced a partnership with TPG and Google to invest approximately $800 million into developing co-located solar and storage facilities at data center sites across the United States. This collaboration aims to streamline the energy supply for data centers and catalyze $20 billion in renewable energy projects by 2030. Intersect focuses on enabling the rapid deployment of renewable energy resources in response to increasing demands from sectors like AI and digital manufacturing.