AI data centres to bolster renewable energy demand even under Trump, says MUFG Americas CEO

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TOKYO : The broad shift towards renewable energy in the U.S.will continue even under the incoming administration of Donald Trump, said the head of the Americas arm of Japan's largest banking group, Mitsubishi UFJ Financial Group.

"I think we have a more balanced platform than we did 10 years ago," Cronin said.

FILE PHOTO: AI (Artificial Intelligence) initials are placed on computer motherboard in this illustration taken, June 23, 2023.

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Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Projects Cronin Americas Renewables Renewable Banking Data Group Years Mufg Energy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-20 @ 13:06:05 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 441 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 24565877

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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