Engine No. 1: Chevron and Engine No. GE Vernova will power US datacenters

Chevron, the world's largest energy company, announced on Tuesday that it had signed an agreement to invest with Engine No. 1 and GE Vernova will build natural gas-based energy plants in the U.S. to power co-located data centres.

The announcement came just one week after U.S. president Donald Trump announced a private investment of up $500 billion in infrastructure for artificial intelligence. This was done to keep pace with rival nations.

The project will use GE Vernova natural gas turbines in order to provide up to 4 gigawatts - which is enough power to power approximately 3 million homes – to data centers located throughout the U.S. Southeast region, Midwest region and West region.

The projects are designed to sell excess power in order to reduce costs and meet broader energy needs.

Chevron anticipates that initial service will begin by the end 2027. There is also the possibility of project expansion beyond 4-GW capacity.

Mike Wirth, CEO of Chevron, said: "President Trump’s pro-American policies on energy and AI dominateance gives us the confidence to make investments in projects that create American jobs and enhance our national security."

The projects will also be expected to integrate renewable energy sources and lower carbon capture and storing. Reporting by Vallari Shrivastava, Bengaluru. Editing by Leroy Leo.

(source: Reuters)