The post Solaria taps Goldman for 3.4GW AI data center deal appeared on BitcoinEthereumNews.com.

Solaria Energía y Medio Ambiente SA, a Spanish solar developer, has taken on Goldman Sachs Group Inc. to help secure a sizable financial partner for its European data-center platform. This indicates that Solaria is eager to integrate itself into the heart of the burgeoning European market for AI-based electricity. The new platform is built on a foundation of 3.4 gigawatts of already consolidated grid access in Spain, Italy, Germany, and the United Kingdom.  Solaria has also applied for another 5 gigawatts, underscoring the company’s desire to secure as much capacity as possible in the lead-up to industry competition. The company hopes to finalize a deal by next summer, its nearby observers said. Neither Solaria nor Goldman Sachs released publicly available information. AI growth reshapes Europe’s power and data-center landscape. AI is drastically changing the world’s energy demand on a massive scale. Powerful training and running complex intelligence systems on AI models require a significant amount of electricity. Analysts suggest that power consumption due to AI could quadruple by the end of the next decade.  Meanwhile, growing pressure is already mounting on data center developers and tech companies to identify large, long-term power supplies. The trend is more pronounced in Europe.  Energy needs from data centers are anticipated to increase dramatically, potentially generating tens of gigawatts of new renewable capacity by 2030.  Since solar energy has been regarded as a significant alternative to traditional energy sources, and its costs are falling steadily, Solaria is also moving quickly to stay ahead.  These commitments are pressuring hyperscalers to align with energy developers who can guarantee not only capacity but also speed — areas in which Solaria has already demonstrated strength. The company’s home market, Spain, ranks among the most attractive to AI centers in Europe. It has ample sunlight, available land, and strong…

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Filed under: News - @ November 16, 2025 12:17 am