July 7, 2026
We sat down with a chief commercial officer at a leading private data center OEM for power management and cooling solutions to discuss Blackstone-backed data center developer QTS’ decision to walk away from a multi-phase…
July 6, 2026
Vertiv announced the opening of a new Johor, Malaysia facility aimed at expanding capacity of its CDU for an accelerative APAC market. VRT (BUY, $300.53) – Capacity ramp continues with Johor, Malaysia launch (link) Vertiv…
July 2, 2026
Private data center OEMs we spoke with emphasized strong exit-rates on 1H order trends with hyperscaler and neocloud clients, in defiance of recent narratives fit to choppy moves across our names. We break apart reads…
June 16, 2026
Our cooling vendor checks emphasize that CoolIt’s recent announcement of a 15kW cold plate assures years of viability for single-phase D2C liquid cooling vs. refrigerant driven two-phase. We examine reads across our coverage at Vertiv…
May 22, 2026
Leading contract manufacturer Flex guided to further accelerative growth in 2027 +80% y/y on +70% in 2026 for c1Q27 spin of the Anord/Mardix PDU and JetCool CDU brands alongside a FlexPower power modules business that…
May 6, 2026
Please see bottom of report for important disclosures Gordon L. Johnson/GLJ Research LLC ————————————————– Polysilicon Futures Spot Contract Price (CNY$39,080/ton = $5.50/kg) – up 1.3% w/w Note: Adjusted for CNY exchange rate and 13% VAT….
April 20, 2026
We initiate coverage on FIX (BUY), LGN (BUY), and ECG (HOLD) at a time of pivotal change as data center proliferation promps longtime installation and construction companies to retool towards becoming contract manufacturers. Customer concentration…
April 15, 2026
Updated Section 232 tariffs are guidance pulls for companies in other sectors, driving inbounds around price action in our space. We reached out to data center OEMs and EPCs across and outside our universe today;…
February 18, 2026
A public utility applied to build a 1.2GW CCGT (expected to CoD in ’31) as a brownfield addition to an existing coal power plant at Fort Martin Power Station. AGX ($414.98, BUY) – 1.2GW CCGT…
February 5, 2026
We spent an entire day speaking with the largely-private component manufacturers and distribution partners supplying the leading HVAC OEMs and data center cooling providers at a leading HVACR conference. Our conversations emphasized that 1) chillers,…
January 21, 2026
GE Vernova announced that Mavi Zingoni, GM of its Power division, has resigned to be replaced by Gas Power GM Eric Gray. Vertiv announced new modular cooling solution for <100kW racks. Amazon buys shovel-ready 1.2GW+1.2GW…
January 15, 2026
Two-phase liquid cooling leader Accelsius closes $65mm of Series B funding at an unknown valuation, led by Johnson Controls ($35mm) and Legrand ($30mm). VRT ($172.39, SELL) – Liquid cooling entrant receives VC funding for Austin,…
December 31, 2025
Major Chinese solar producers are aggressively pushing for price increases across the entire value chain, citing rising costs for silver paste and raw materials. Despite these higher quotations, market transactions have largely stalled as downstream…
December 30, 2025
We understand that South Korea-based Doosan Enerbility, increasingly focused on winning a foothold in global large-scale gas turbines, has won an equipment order to provide the CCGT for a 2.4 GW power plant near Doha,…
December 29, 2025
Leading clean energy developer Matrix Renewables announced it would retain Tesla as E&C partner for its standalone 1GWh BESS in Eccles, Scotland. PRIM ($128.00, BUY) – Competitors receive full notice to proceed as E&C on…