New York Data Center Intel

Recent New York data center news

• Apr 7, 2026

  Renewable Energy Update 4.3.26

  Allen Matkins published a Renewable Energy Update summarizing recent renewable energy and data‑centre developments.

  • Main update: The newsletter highlights Governor Gavin Newsom’s administration proposing to end the Demand Side Grid Support (DSGS) program; Altus Power has completed and activated rooftop solar at the 1.1 million‑square‑foot Class‑A San Manuel Landing in San Bernardino; Dimension Energy secured $650 million to finance a 132 MW portfolio of community solar (25 projects) across Pennsylvania, New York, New Jersey, and Illinois; Townsite Solar 2 LLC proposed a 150–170 MW high‑density AI data center campus co‑located with battery and solar on 88.5 acres of city‑owned land in Boulder, Nevada; and NYPA will help develop the 5 MW Hannacroix Solar project in Greene County, NY.
  • Background / other details: The update notes a petition by three environmental groups seeking rehearing of California’s NEM 3.0 rooftop solar rules; the DSGS program budget decision is tied to the state budget finalization by Aug. 31; Solarcycle signed an exclusive “recycling services” agreement with Prologis to recycle PV modules from Prologis’s >1 GW of rooftop solar capacity; and the EcoBlock project in Oakland retrofitted 15 properties with rooftop solar, heat pumps, and insulation.
• Apr 7, 2026

  United States International Development Finance Corporation (DFC) to Provide Additional $20 Billion in Reinsurance Program to Total of $40 Billion for Oil Tankers & Maritime Traffic in Iran-UAE-Oman Strait of Hormuz (Sea Passage Between Persian Gulf to Open Ocean) Which is Bordered by Iran, UAE & Oman, 20% of Global Oil Consumption Deliveries Pass Through Strait of Hormuz, Additional $20 Billion Provided by 7 Insurers (Travelers, Liberty Mutual Insurance, Berkshire Hathaway, AIG, Starr, CNA & Chubb)

  The United States International Development Finance Corporation (DFC) has announced an additional reinsurance commitment for tanker traffic in the Strait of Hormuz.

  • DFC announcement: The DFC will provide an additional $20 billion in a reinsurance program, bringing the program to a total of $40 billion to cover oil tankers & maritime traffic in the Iran-UAE-Oman Strait of Hormuz; the additional $20 billion is provided by seven insurers: Travelers, Liberty Mutual Insurance, Berkshire Hathaway, AIG, Starr, CNA & Chubb. Key fact: approximately 20% of global oil consumption deliveries pass through the Strait of Hormuz.
  • Background & related developments: Regional security incidents and disruptions prompted related actions — WEF postponed the Global Collaboration and Growth Meeting scheduled for 22–23 April 2026 in Saudi Arabia; Formula 1 cancelled the Bahrain (10–12 April 2026) and Saudi Arabia (17–19 April 2026) Grands Prix; reports of Iranian drone attacks on UAE-based Amazon data centers caused service disruptions to banks (Emirates NBD, ADCB) and payments platforms (Alaan, Hubpay).
• Apr 7, 2026 · Information Technology and Innovation Foundation

  Four Reasons New AI Data Centers Won’t Overwhelm the Electricity Grid

  Robin Gaster argues that the AI Data Center Moratorium Act introduced by Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez is unnecessary and misunderstands the drivers of electricity prices.

  • Main point: The author contends the moratorium is unnecessary because electricity price increases are driven largely by fuel costs (especially natural gas), capacity/backup costs, and utility capex, and there are four practical pathways (slower buildout, demand management, bring-your-own-power/BYOP, and utility contract structures) to add data center load without raising rates. The piece explicitly rejects emergency federal action and frames the Sanders–Ocasio-Cortez bill as an inappropriate response.
  • Background and specifics:>240 GW of data center announcements (mostly planned to 2030) is cited but only ~1/3 being built; OpenAI plans $600 billion in data center investment by 2030 vs ~$20 billion in revenues; PJM capacity prices rose from ~$60/kWh (2024) to > $300/kWh (2025); typical permit timelines 6–18 months, design/construction 20–54 months, queue times in PJM up to 8 years; contractual protections noted include 15-year minimum contracts, ~85% minimum load guarantees, exit fees, and “hold harmless” guarantees used by some hyperscalers.
• Apr 6, 2026

  CM Wong urges Department of Buildings, FDNY to pause Middle Village BESS permits for pending safety and environmental review

  Council Member Phil Wong has asked the New York City Department of Buildings (DOB) and the Fire Department (FDNY) to place a temporary hold on active permits for the proposed NineDot Energy Battery Energy Storage System (BESS) at 64-30 69th Pl., Middle Village, pending additional safety and environmental review.

  • Main action: Wong requested a temporary pause on active permits and called for a Phase II Environmental Site Assessment (borings, groundwater wells, lab analysis) to better understand subsurface contamination after a 2022 Phase I ESA (333 pages) identified a Recognized Environmental Condition (REC); he also asked DOB/FDNY to coordinate with state and federal agencies (NYS DEC, U.S. EPA, NYC Office of Environmental Remediation, federal public health officials) for further oversight.
  • Background and specifics: The Phase I ESA cited historic metal manufacturing, contractor storage yard use, oil staining, drums, an abandoned aboveground storage tank, historical urban fill of unknown composition, and nearby leaking tanks and petroleum spills; a circulated petition opposing the project has received nearly 700 signatures; NineDot disputes the Phase I finding for this property and states their Phase I concluded no recognized environmental conditions and recommended no further action; DOB confirmed the BESS application is pending and not approved as of April 3.
• Apr 6, 2026

  5 surprising ways homeowners are fighting back against local polluters

  Multiple U.S. residents and community groups have launched legal actions and local opposition against polluters and data-center projects.

  • Class action & insurance impacts:Two homeowners in Washington state filed a class action lawsuit against Big Oil companies alleging decades of deception about fossil fuels and climate harms; the suit covers homeowners nationwide who purchased insurance after 2017 or plan to, and the article notes home insurance premiums in Washington rose more than 50% since 2019.
  • Local actions and project specifics:Dr. Tim Grosser (Kentucky) refused to sell land to “one of the largest AI companies in the world” for a data center; xAI’s Memphis facility reportedly consumes enough energy to power 100,000 homes and its methane turbines have increased smog by up to 60%; a limestone quarry in northern Alabama was ordered to temporarily cease operations over dust, light, and noise complaints; Zero Waste Ithaca (organized by Yayoi Koizumi) pursues local sustainability and has used the court system in some cases.
• Apr 6, 2026

  Why Internet Speed Matters More Than Ever

  Florida REALTORS published guidance explaining the importance of reliable internet for business operations.

  • Main message: The article advises real estate professionals that reliable internet is core business infrastructure, urging evaluation of latency, uptime guarantees, quality support, bandwidth, and recommending dedicated connections and fiber over DSL and cable for consistent performance.
  • Background and evidence: Cites research from Information Technology Intelligence Consulting noting a single hour of IT downtime can exceed $100,000, reported by 98% of organizations surveyed; article sourced from Fine Homes and Living Magazine (03/27/26) and published by Florida REALTORS (© 2026 Smithbucklin).
• Apr 6, 2026 · Information Technology and Innovation Foundation

  The Global Trade Battleground: US-China Competition in the Global South

  The Information Technology and Innovation Foundation (ITIF) has published an analytical report documenting how Chinese exports, investments, and state-directed finance have outpaced U.S. engagement in the Global South and offering policy recommendations for a “Globalization 2.0” response.

  • Main findings: ITIF documents a large shift in import shares: China’s exports to the Global South rose from roughly $34 billion in 2000 to over $1.3 trillion in 2024, while U.S. exports grew only modestly, leaving U.S. export share at roughly 56 percent of China’s by 2024; the displacement is larger for national power industries (semiconductors, pharmaceuticals, telecom, vehicles, electrical machinery).
  • Background & supporting details: The report highlights BRI investments totaling over $1.3 trillion (2013–H1 2025) with ~$755 billion in construction contracts and $554 billion in non-financial investments; cites $230 billion in Chinese EV subsidies (2009–2023); references U.S. federal tools (Ex‑Im Bank, DFC) and notes DFC committed ~$3.5 billion in new commitments in 2025, recommending scaled financing, export promotion, FDI screening, and allied coalitions to counter Chinese mercantilism.
• Apr 4, 2026

  United States Goldman Sachs Paris Offices Under Police Surveillance after Failed Explosive Attack on Bank of America Paris Office (28/3/26) & Potential Attacks by Pro-Iran Group on United States Banks, Goldman Sachs Paris Employees Allowed to Work from Home or Remotely, Citigroup Employees in Paris & Frankfurt Allowed to Work Remotely

  Goldman Sachs Paris offices are under police surveillance after a failed explosive attack on a Bank of America Paris office on 28/3/26, and staff in affected locations have been permitted to work remotely.

  • Main announcement:Goldman Sachs Paris offices under police surveillance following a failed explosive attack on a Bank of America Paris office (28/3/26); Goldman Sachs Paris employees and Citigroup employees in Paris & Frankfurt are allowed to work from home or remotely. The article reports these security measures as current responses to a credible threat from a pro-Iran group.
  • Background and related announcements:WEF postponed the Global Collaboration and Growth Meeting (22–23 April 2026) in Saudi Arabia; Formula 1 cancelled the Bahrain (10–12 April 2026) and Saudi Arabia (17–19 April 2026) Grands Prix; the US International Development Finance Corporation announced a $20 billion reinsurance program for oil tankers in the Strait of Hormuz. These are reported as announced actions (i.e., not speculative).
    • WEF meeting: dates: 22nd & 23rd April 2026; location: Saudi Arabia; agenda/subject: Global Collaboration and Growth Meeting (postponed).
• Apr 4, 2026

  Maine Set to Become First State to Halt New AI Data Centers

  Maine lawmakers have passed a bill to pause new large-scale data center projects of 20 megawatts or more until November 2027.

  • Main action: The Maine House passed legislation to pause new data center projects ≥20 megawatts (roughly enough to power 15,000–20,000 homes) until November 2027; the bill is expected to advance in the Maine Senate where Democrats hold a majority and Gov. Janet Mills has signaled support with potential exemptions for projects already in progress.
  • Context and details: The proposal was first reported by The Wall Street Journal and aims to study impacts on electricity costs, the power grid, land and water; U.S. data centers used about 183 terawatt-hours in 2024 (>4% of U.S. power use) with that figure expected to more than double by 2030. The issue has federal attention — President Donald Trump has urged tech firms to cover more infrastructure/energy costs, and Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez have proposed national legislation to temporarily pause data center construction. Similar moratoria proposals are under consideration in at least 10 other states including New York, South Carolina, and Oklahoma.
• Apr 3, 2026

  Australia $16.1 Billion Data Centre Operator AirTrunk Plans REIT IPO in Singapore in 2026 to Raise $1.5 Billion, Blackstone & Canada Pension Fund CPPIB Acquired AirTrunk for $16.1 Billion (AUD 24 Billion) in 2024 from Macquarie Asset Management & Public Sector Pension Investment Board, AirTrunk Founded in 2015 by Robin Khuda in Australia

  AirTrunk is reported to be planning a REIT IPO in Singapore in 2026 to raise $1.5 billion, and the company was acquired in 2024 by Blackstone and CPP Investments for $16.1 billion.

  • Main announcement: AirTrunk is planning a REIT IPO in Singapore in 2026 to raise $1.5 billion (reported). The article also notes an earlier report that AirTrunk was planning to raise $1 billion in a 2026 REIT IPO (reported in Dec 2025).
  • Background & deal details: In September 2024, Blackstone and Canada Pension Plan Investment Board (CPP Investments) announced an agreement to acquire AirTrunk for $16.1 billion (AUD 24 billion) from Macquarie Asset Management and the Public Sector Pension Investment Board; the transaction is subject to regulatory approval. Article includes operational details: >800MW committed capacity and land to support >1GW future growth.