Author: ANIRUDDHA GHOSAL - Associated Press

According to Schneider Electric’s latest report, the EU currently spends €380 billion annually on energy imports, with nearly 60% of its energy supply sourced from abroad.Accelerated electrification and prosumer initiatives could create up to 1 million new jobs in local industries.The EU’s rooftop solar potential is estimated at over 1,000 GW, 10 times the current installed capacity. Electrification Asset.jpg Electrification Asset.jpg Copenhagen, Denmark, Oct. 22, 2025 (GLOBE NEWSWIRE) — SchneiRead More

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LONDON (Reuters) -Spending on new UK data centres is set to rise to 10 billion pounds a year by 2029, a more than five-fold increase from 2024, analysis by construction data firm Barbour ABI has found. A total of 1.75 billion pounds was spent on data centres in the UK last year, with 2.38 billion forecast to be spent in 2025. AI-driven demand is fuelling data centre investment.Read More

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