Clean energy firms raise record ₹1 lakh crore via US IPOs amid AI boom

At least 10 power infrastructure and clean technology companies have raised a record $11.6 billion (around ₹1 lakh crore) through US IPOs so far this year, Bloomberg reported. Geothermal firm Fervo Energy, which surged 35% on its trading debut, was among the biggest listings in the sector. The fundraising boom comes as AI drives soaring demand for power-hungry data centres.