Obama awards $2.3B in clean energy credits
It said in a statement the credit, from funds earmarked under an emergency $787 billion stimulus package Obama signed in February 2009, would create 17,000 new U.S. jobs and would be matched by an additional $5 billion in private capital.
High unemployment is one Obama's most pressing domestic challenges and a monthly payroll report released earlier served a reminder that labor market conditions are still grim. U.S. unemployment remained stuck at 10 percent in December, while businesses unexpectedly shed 85,000 jobs.
"The Recovery Act awards I am announcing will help close the clean energy gap that has grown between America and other nations while creating good jobs, reducing our carbon emissions and increasing our energy security," Obama said.
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TransAlta Poised to Finalize Alberta Data Centre Agreement in 2025
CALGARY - TransAlta Corp., one of Alberta’s leading power producers, is moving toward finalizing agreements with partners to establish a data centre in the province, aiming to have definitive contracts signed before the end of the year.
CEO John Kousinioris stated during an analyst conference that the company seeks to secure exclusivity with key partners by mid-year, with detailed design plans and final agreements expected by late 2025. Once the contracts are signed, the data centre is anticipated to be operational within 18 to 24 months.
Data centres, which are critical for high-tech industries such as artificial intelligence, consume large…
