Hitachi Energy: $2B+ North America Investment

• Announced at CERAWeek 2026: more than $2 billion in North American supply chain and technology development.
• $1 billion in U.S. investments, including a $457 million large power transformer facility in South Boston, Virginia.
• Around $300 million (USD) in Canada to expand transformer manufacturing in Varennes, Quebec.
• Launched HMAX Energy, an AI-powered suite for critical energy infrastructure.
  • Source: Hitachi Energy

NVIDIA AI Factory Commitments

• Partnerships to build more than 5 GW of AI factories with CoreWeave by 2030.
• Deal with HUMAIN for AI factories in Saudi Arabia.
• Private industry partner in U.S. Department of Energy’s Genesis Mission.
• NVIDIA’s own 96 MW Aurora data center in Manassas, Virginia (first commercial flexible AI factory), launching later in 2026.
  • Source: NVIDIA Blog
  • Source: NVIDIA Newsroom

Project Matador (Fermi America / Google)

• Estimated $90 billion nuclear power solution for AI, semiconductors, and data centers.
• Location: Amarillo, Texas, 5,236 acres.
• Total power target: approximately 17 GW (11 GW natural gas, 4.4 GW nuclear, solar, battery).
• Initial draw on $200 million equipment facility from Keystone National Group and Cape Commercial Finance (announced February 2026).
• Second clean air permit application filed with TCEQ for 5 GW additional power (March 2026).
  • Source: Carbon Credits
  • Source: PR Newswire / Fermi America

Amazon Nuclear Investments

• Amazon backing 5 GW X-energy SMR deployment by 2039.
• Cascade Advanced Energy Facility (Washington state): 320 MW initial, option to expand to 960 MW.
• Invested in Talen Energy nuclear facility in Pennsylvania: up to 1.9 GW nuclear capacity for AWS data centers.
• Exploring new SMRs within Talen’s Pennsylvania footprint.
  • Source: About Amazon
  • Source: Talen Energy IR

X-energy Funding and Deals

• X-energy landed $700 million nuclear deal to scale SMRs across the U.S. and U.K.
• LOI with Talen Energy (March 19, 2026) for gigawatt-scale Xe-100 deployment in Pennsylvania/PJM.
  • Source: Carbon Credits
  • Source: Nasdaq

Williams Companies Data Center Power

• 6 GW backlog of “power innovation” projects for data centers by the early 2030s.
• 1.4 GW of capacity already under development.
• Plans to use modular natural gas-fired units for behind-the-meter data center power.
  • Source: Williams Companies
  • Source: S&P Global

Bloom Energy

• Multibillion-dollar backlog tied to AI-driven power demand.
• Over 400 MW of power generation already supplied to data centers worldwide via solid oxide fuel cells.
  • Source: Yahoo Finance

Alphabet / Google

• Alphabet committed to adding capacity as it continues to build data centers. Ruth Porat stated: “We’re very committed to adding capacity as we continue to build our data centers.”
• Both Amazon and Alphabet plan to support grid infrastructure for data center needs.
  • Source: S&P Global

Innovation Agora Startups

• More than 300 startups at the CERAWeek Innovation Agora (roughly 20% increase from 250+ in 2025).
• Focus areas: AI, decarbonization, low-carbon fuels, cybersecurity, hydrogen, nuclear, mining and minerals, mobility, automation.
  • Source: PR Newswire / S&P Global

Broader Investment Context

• Breakneck demand growth is no longer theoretical; it is material, immediate, and reshaping investment decisions in real-time.
• Focus shifting from long-term scenarios to what can be built and operated under compressed timelines.
• The question is no longer what the energy system should look like, but whether we can build it fast enough.
  • Source: S&P Global
  • Source: Deloitte

Key Speakers on Investment

• CEOs present: Saudi Aramco, ExxonMobil, Chevron, BP, Shell, Baker Hughes, Occidental Petroleum, Dow.
• Tech leaders: AWS, Google, Microsoft, NVIDIA, Meta, Dell, Applied Materials, AMD.
  • Source: PR Newswire / S&P Global