Alibaba in Talks with Spain's Solaria for Data Center Power Supply

Key Facts

1Alibaba is in discussions with Spain's Solaria to secure power supplies for its data centers.

Alibaba Group Holding Limited is in discussions with Spain's Solaria to secure power supplies for its data centers. Investing.com reported that the negotiations aim to provide the necessary energy for the Chinese firm's expanding data center infrastructure in Europe as part of its cloud computing strategy.

BABAF closed at $13.08 on October 1, 2026, with the stock reaching a session high of $14.54 and a low of $12.35. These talks coincide with efforts by Alibaba's cloud division to secure renewable energy sources to support the growth of its operations in the Spanish market.