March 4 (Reuters) - Renewable energy company GE Vernova ( GEV )
said on Tuesday it has signed an agreement with Amazon's ( AMZN )
cloud services business to support the e-commerce
giant's data center expansion plans.
GE Vernova ( GEV ) said the agreement with Amazon Web Services (AWS)
would address rising global energy demand, enhance grid security
and reliability and reduce carbon emissions from electric power
systems.
Big Tech has invested billions of dollars in developing AI
technology and the required infrastructure, while also actively
seeking cleaner energy sources to power these systems and reduce
their carbon emissions.
The company plans to supply AWS with a wide range of
solutions designed to electrify and reduce carbon emissions in
data centers across North America, Europe and Asia.
"GE Vernova ( GEV ) is well positioned through its broad portfolio
of energy products and services to help AWS obtain reliable,
cost-effective, and more sustainable electricity for its data
centers," said Pablo Koziner, the firm's chief commercial
officer.
As part of the agreement, AWS would assist GE Vernova ( GEV ) in
advancing its cloud migration and digital innovation efforts by
providing cloud services solutions, the company added.