Veolia Targets €1 Billion Revenue in Clean Tech by 2030

Veolia has unveiled an ambitious plan to boost its presence in the data centers and microelectronics sectors, aiming for over €1 billion in annual revenue by 2030. The company seeks to utilize its proprietary technologies and global expertise to meet the rising demand for integrated solutions in water management, local energy, and hazardous waste treatment.

The exponential growth in data center capacity is anticipated to drive this demand. Simultaneously, chip manufacturing is gaining geopolitical significance with a projected 26% growth in 2026. By 2030, data centers and semiconductor manufacturing's water usage is expected to match that of 46 million people, presenting a significant resource challenge.

Veolia plans to address this with innovative technologies that reduce water consumption and treat complex waste, ensuring eco-friendly operations. The company also aims to double its digital and AI efficiency gains to 50% by 2030, enhancing operational efficiencies and resilience for its clients, including major industry players like TSMC, Samsung, and Intel.