Nvidia plans to invest up to $2.1 billion in data center operator IREN to deploy 5 gigawatts of AI infrastructure, targeting soaring demand for computing power. The deal is designed to speed up “AI factory” deployments by pairing Nvidia’s architecture with IREN’s operations, with additional emphasis expected on IREN’s Texas campus.
India’s heat wave is driving record electricity demand, and AC usage is rising fast. But a cheaper, safer and more energy-efficient refrigerant—propane (R290)—could ease grid pressure and reduce climate impact. Adoption remains slow because outdated regulations still restrict it, leaving a practical solution underused while cooling needs surge.
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COP28 offered India a stronger platform to argue for coal as a long-term necessity, contrasting developed nations that rely more on oil and gas. India maintained that coal will help meet rising energy demand while renewable capacity expands. The takeaway: the transition to cleaner power is underway, but not at the cost of immediate energy security.
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