VCI Global Bets Big On Solar: $50 Million Investment Targets 100 MW Across Asia and Europe

VCI Global Limited (NASDAQ:VCIG) shares surged after it announced plans to develop and acquire 100 MW of solar PV projects across Southeast Asia and Europe over five years, aiming to generate $200 million in revenue over two decades. The company will source 70% of the 100 MW from Malaysia, leveraging the Corporate Renewable Energy Supply Scheme (CRESS) to power its data center, boosting energy independence and sustainability. With data centers projected to consume 16% of U.S. power by 2030, solaRead More