The investments by Google, Amazon and Microsoft come alongside the rapid development of artificial intelligence that has dramatically increased tech companies' energy demands.
The $2 billion funding, provided through the Grid Resilience and Innovation Partnerships Program, is expected to enable over 7.5 gigawatts of additional grid capacity.
Minnesota is the first state to approve a 200-mile regional transmission line that will provide thousands of residents with access to renewable energy, reliable electricity and fewer transmission losses.
This investment marks a significant step in the island's transition to clean, reliable energy and its recovery from recent hurricanes that battered the island’s grid
The funding will allow recipients to enhance grid flexibility and power system resilience in light of extreme weather events and climate change’s growing threat.
The funding is being made available for projects that will combat the effects of climate change, with a focus on flood-prone and disadvantaged communities.