Exowatt, a Miami-based renewable energy developer, has unveiled ExoRise, a new business arm providing powered land and energy infrastructure for hyperscale data centres in the US, addressing grid capacity constraints and accelerating AI-driven energy deployment.

According to an ESGtoday report, ExoRise combines powered land development with Exowatt’s P3 solar technology, which stores energy as heat and converts it to electricity on demand.

The company targets high-solar regions across the US Southwest, leveraging abundant land and solar resources to provide a turnkey energy solution for compute-intensive hyperscale data centres.

The business launch follows a $50 million (€42.5 million) capital raise in November 2025. Exowatt CEO Hannan Happi said: “Hyperscalers should not have to piece together land, power, and infrastructure on their own. ExoRise delivers everything together so customers can focus on compute while we handle the power.”

The ExoRise model is designed to reduce reliance on lengthy grid interconnection timelines, a key bottleneck as US electricity demand surges due to AI growth. First pilot projects are expected to be operational by the end of 2026.

Nic Bustamante, Chief Data Center Officer at Exowatt, added: “The growth of AI is colliding with real limits on grid capacity. ExoRise is designed to solve that problem by delivering dependable power at the speed AI requires. We’re not just solving a business problem–we’re enabling the future of American AI leadership.”

Founded in 2023, Exowatt will also partner with hyperscaler off-takers and infrastructure financiers, providing scalable, reliable energy solutions that accelerate time-to-market for AI capacity while leveraging renewable technology.

Discover how ExoRise could reshape energy supply for hyperscale AI infrastructure in the full article.