Renewable Energy Demand Set to Rise Due to AI Data Centres, Despite Trump Administration
Kevin Cronin, the CEO of the Americas division of Mitsubishi UFJ Financial Group (MUFG), Japan's largest banking group, has stated that the large-scale transition to renewable energy in the U.S. will continue to progress even with Trump's impending inauguration. Despite Trump's numerous anti-renewable energy remarks during his campaign, these have not shaken MUFG's established strategy. Cronin noted that energy projects typically take several years, often spanning multiple election cycles, to plan, finance, and construct. Therefore, MUFG does not adjust its strategic layout based on factors beyond its control.
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