Energy company TAR completes $27 million seed round to address data center power issues in the AI era
BlockBeats news, on June 15, green energy infrastructure startup TAR announced the completion of a $27 million seed round to develop modular “plug-and-play” power systems for data centers, aiming to address the power and deployment bottlenecks faced by data centers in the age of AI.
According to reports, this solution combines solar energy, wind power, battery storage, and natural gas backup units, achieving nearly 24/7 local power supply and reducing dependence on the public grid. This helps sidestep grid connection queues, approval delays, and power price fluctuations.
TAR’s co-founder stated that the core idea is to dramatically shorten the deployment cycle of energy systems through factory prefabrication, pre-assembly, and pre-testing, enabling data centers to go online rapidly. In pilot projects, the system can provide approximately 10MW of stable power supply, and there are plans to deploy over 200MW-level steady load capacity before 2027.
The company pointed out that its first customer is an undisclosed “neocloud” service provider, aiming to offer faster energy solutions for AI computing infrastructure.
In terms of the economic model, TAR said its solution does not pursue costs lower than traditional power grids but prioritizes the “speed issue.” The off-grid energy system can be deployed in about three months, avoiding the time costs associated with grid connection and land restrictions.
As AI computing demand continues to grow, power supply has been identified by multiple studies as one of the main bottlenecks to data center expansion. Industry analysis suggests that this “off-grid energy + modular data center” model is becoming one of the new directions in AI infrastructure competition.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Brent crude oil falls to $104 per barrel, down 0.2% in 24 hours.
The relevant page of Hyperliquid Labs lists 5 OTC buyer wallet addresses.
BUZZ - Preview: Levi's shares decline, market focuses on high-end jeans sales
On Wednesday, October 7, Levi Strauss (LEVI.N) shares fell 4.3% to $19.65 ahead of the company's quarterly earnings release after the market close. With consumer spending becoming more cautious, investors are closely watching the company's progress in entering the premium jeans market. According to data from the London Stock Exchange Group (LSEG), the apparel manufacturer—known for its jeans and casual wear—is expected to report third-quarter revenue growth of about 5% year-on-year to $1.62 billion, with adjusted earnings per share at $0.36, higher than last year's $0.34. Last quarter, the company raised its annual sales forecast, betting that its premium jeans would attract high-income consumers, though its earnings outlook disappointed some investors. Jefferies, in a preview report, anticipated the third-quarter results would be "solid" given strong demand for jeans, and pointed out that the appointment of a new chief financial officer signals continued focus on future global growth. On September 30, Levi's announced the appointment of John Vandemore as chief financial officer, effective November 1, 2026; Vandemore previously worked at Skechers, where he served as corporate controller and led the global finance team for the past nine years. In response to this news, Levi's shares have declined about 5% year-to-date and approximately 20% over the past 12 months. Out of 16 brokerage firms, 13 rate the stock as "strong buy" or "buy," while 3 have it as "hold"; the median target price remains at $27, unchanged over the last three months.
This AI Stock Exploded 600% in a Year, Beating Nvidia and Micron
Crypto prices
More
