jain.com

Target electricity capacity by 2029

Company: IREN

Subject kind
facility capacity
Statement date
2026-09-07
Promised by
2029-12-31
Promised amount
2.0 GW
Current status
stated

The claim, verbatim

IREN aspires to grow toward approximately 2 gigawatts of electricity capacity by 2029

Source (primary)

IREN Jumps 23% as Its AI Business Starts to Take Over the Story - TradingView (-, news_article)
View cached copy (2026-09-08)Live source ↗Archive.org ↗

Quote: “Bernstein has alluded to the company's aspirations to grow toward about 2 gigawatts of electricity capacity by 2029”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states Bernstein alluded to the company's aspirations to grow toward about 2 gigawatts of capacity by 2029.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.tradingview.com/news/gurufocus:2ff48ff61094b:0-iren-jumps-23-as-its-ai-business-starts-to-take-over-the-story/) in full (3,666 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms IREN Jumps 23% as Its AI Business Starts to Take Over the Story - TradingView

Quote: “Bernstein has alluded to the company's aspirations to grow toward about 2 gigawatts of electricity capacity by 2029”

View cached copy (2026-09-08)Live source ↗Archive.org ↗