Kentucky Data Center Intel

Recent Kentucky data center news

• Nov 27, 2024

  e-Storage subsidiary to build $712M plant in Kentucky

  US-based e-Storage’s subsidiary Shelbyville Battery Manufacturing is investing $712 million to build a 6-gigawatt-hour battery manufacturing facility in Shelbyville, Kentucky. The 1-million-square-foot facility will produce utility-scale battery energy storage systems, creating 1,572 jobs, with production starting by end of 2025 and reaching full capacity by 2026.

• Aug 1, 2024

  AEP data center and other commercial sales soar 12.4% in Q2

  AEP’s Q2 commercial sales rose 12.4%, driven by data center demand. The company expects substantial growth, especially in Ohio and Texas. AEP purchased the 795-MW Green Country power plant in Oklahoma and plans to add 20.2 GW by 2033. Earnings dropped to $340.3 million, although operating earnings improved.

• May 1, 2024

  AEP faces 15 GW of new load, driven by Amazon, Google, other data centers: interim CEO Fowke

  AEP anticipates 15 GW of new load from data centers like Amazon Web Services and Google, reflecting a growing demand for electricity. Interim CEO Fowke suggests developing new tariffs to support this growth. AEP plans significant capital investments to enhance grid resiliency and manage the anticipated load growth, which could necessitate additional generation and transmission.

• Mar 18, 2024

  To meet data center demand, Schneider Electric plans manufacturing expansion

  Schneider Electric’s North America energy management segment revenue increased significantly, driven by data center and grid infrastructure demands. A $140 million investment will enhance U.S. manufacturing capacity and create jobs, with new facilities in El Paso, Texas, and Tennessee incorporating advanced technologies for improved efficiency and sustainability. CEO Peter Herweck highlighted the company’s commitment to strengthening its presence and supply chain capabilities.