Most of these projects invest heavily in renewable energy, becuase the scale makes it cost efficient. During the Biden era, there were a bunch of additional incentives to push for renewable investments in these projects, on top of Texas's very generous renewable tech incentives - most ONG companies began investing heavily in renewables all the way back in the 2000s because they're ENERGY conglomerates first and foremost.
If you have a beating pulse and a strong renewable tech IP, you will raise a seed successfully from the Saudi PIF or Cheveron Ventures even in this market. Sadly, this is HN, not Bookface, so most ideas are bad ideas. Sucks too because it was a very fruitful demo days - one of the more impactful over the past several years.
Fabs have pretty decent electricity demand, I actually sited a battery against that one after we did a bit of modeling with the new load vs the solar flows in the area. Siting just means make a land deal, figure out easements, and start working its way through the queue. Might not ever get built though, lot of money and hurdles in the way ha.
Every time I see an industrial announcement like this power is the first thing I think of - where it’s gonna come from and what impact it will have on the existing grid.