Is AI growing too fast for the US energy grid to support it? [Yahoo! Finance]
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Ameresco, Inc. Class A (AMRC)
Last ameresco, inc. class a earnings: 3/2 04:05 pm
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Source: Yahoo! Finance
Canaccord Genuity Managing Director George Gianarikas recently wrote in a note "We are set to hit energy bottlenecks as it relates to AI deployment. Either data center build-outs and (likely) GPU consumption have to slow — or the deployment of energy resources that will power them has to accelerate in a big way." Gianarikas says there are plans to add energy capacity through solar and, longer-term, nuclear, mentioning NuScale ( SMR ) as a potential beneficiary. Gianarikas also thinks companies like Ameresco ( AMRC ) and Fluence Energy ( FLNC ) could benefit from higher energy demand. He also highlights Generac ( GNRC ) in case increased power outages spur more demand for generators. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Stephanie Mikulich. Video Transcript Well, electrical grids across the country are feeling the pressure from the A I boom. Our next guest says something's
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AMRC
News
- Microgrids Take Major Role for Reliability, Resiliency [Yahoo! Finance]Yahoo! Finance
- Ameresco and U.S. Army Unveil Advanced Renewable Energy System at Fort Detrick [Yahoo! Finance]Yahoo! Finance
- Ameresco and U.S. Army Unveil Advanced Renewable Energy System at Fort DetrickBusiness Wire
- Ameresco to Celebrate the Commercial Operations of Kupono Solar at Joint Base Pearl Harbor-HickamBusiness Wire
- Is AI growing too fast for the US energy grid to support it? [Yahoo! Finance Canada]Yahoo! Finance Canada
AMRC
Earnings
- 5/7/24 - Miss
AMRC
Sec Filings
- 6/17/24 - Form 4
- 6/17/24 - Form 4
- 6/17/24 - Form 4
- AMRC's page on the SEC website