Data Center News

Three Gorges Group (CTG) completes first phase of Dongyuemiao data center project

Three Gorges Group has announced that it has completed the first phase of its Dongyuemiao data center project in Yichang, Hubei. Work began on the project back in February 2021. The Chinese energy company outlined that the facility's first phase saw an investment of RMB 845 million ($132.7m), ...

April 12, 2022

China

Three Gorges Group's Hubei Data Center First Phase Completed

Three Gorges Group has announced the completion of the Dongyuemiao data center project's first phase in Yichang, Hubei. The Chinese energy company revealed that the project's first phase cost RMB 845 million ($132.7m). The project has also been in development since February last year. This ...

April 08, 2022

China

Vantage-Occupied Complex in Hong Kong Acquired For $371 Million

A Vantage-occupied facility in Hong Kong has been acquired by the Asia Pacific Cities Fund (APCF). The complex acquired is located at 43 Container Port Road. It is also a fully occupied data center with a 14MW capacity across 270,000 square feet of gross floor area. The deal was worth HK$2....

April 07, 2022

Hong Kong

Carrianna Group Sets Up Data Center in Hong Kong

Carrianna Group has announced the launch of a new data center in the Kwai Chang industrial area, Hong Kong. The Hong Kong property firm, Jun Gao Holdings Company Limited and Dr. Quentin Tsang jointly invested in the data center. The property has a gross floor area of 2,100 square meters (23,00...

March 18, 2022

Hong Kong

Alibaba Cloud's 2030 vision

Alibaba Cloud, a subsidiary of Alibaba, has announced that it is on track to have its global data centers running entirely on clean, renewable energy by 2030. As part of its green pledge and push towards more sustainable operations, the company has announced that it is upgrading five of its hy...

March 01, 2022

China

Mubadala Leads Princeton Digital Group's $500m Equity Raising Round

Princeton Digital Group has announced that it raised a new round of equity led by Mubadala. Mubadala is the Abu Dhabi government’s arm, and it has put in $350 million in the equity round worth over $500 million. The round will fund PDG, which has 20 data centers across the APAC region with ...

February 23, 2022

Princeton Digital Group

China approves ten data center clusters

China has announced that it has approved a large-scale project to build eight national integrated computing hubs with ten data center clusters. The National Development and Reform Commission (NDRC) and three other central departments (the Cyberspace Administration of China, the Ministry of Ind...

February 22, 2022

China

GLP Wants To Raise $500 million to fund Chinese expansion

According to Bloomberg, GLP Pte is mulling over raising up to $500 million to expand its data center footprint in China. The Singapore-based investment manager wants to raise funds from investors in exchange for a minority stake in the firm. GLP Pte’s data center business is valued at up to $5...

February 13, 2022

China

Hotwon Group Plans To Raise $300 million To Fund Expansion

According to Bloomberg, Hotwon Group is looking to raise up to $300 million in funding. The Chinese data center developer hopes to use the money raised to expand its footprint across the country. Once successful, Hotwon’s valuation will increase to $1.5 billion. Reports also show that the comp...

February 08, 2022

China

AIIB to invest $150 million in new data centers

Multilateral bank Asian Infrastructure Investment Bank (AIIB), has announced that it is making a significant investment in new data center development, with $150 million. The Beijing-based company will direct the funds through the Keppel Data Centre Fund II (KDCF II). Current reports outline t...

January 24, 2022

Beijing

TAOP to expand its Hong Kong Data Center

Taoping Inc (TOAP) has announced that it is expanding its Taoping G Cloud Hong Kong Data Center (the "Center") in Tsuen Wan, Hong Kong. The expansion is expected to be completed by the end of January 2022.The facility, built in May 2021, will have an estimated total hash rate of 700GH/s, and i...

January 06, 2022

Hong Kong

Sustainability goals outlined by Alibaba

Alibaba has announced its sustainability goals to meet the rest of the industry in its push to go green. According to Alibaba's Chairman and CEO, Daniel Zhang, this announcement aligns with the company's aspiration to become a force for "positive, innovative change in society." Zhang says that...

January 06, 2022

China

Four mega data center clusters ahead for China

According to reports, China is planning to introduce four large clusters of data centers situated outside the ‘main population centers’ in the north and west of the country. This announcement comes following China laying out its sustainability commitments and key targets as per its 2060 carbon...

December 31, 2021

China

Sanya to receive first underwater data center

Sanya, a coastal city on the south of Hainan Island, is to receive the world's first commercial demonstration underwater data center, with an investment of over 5.6 billion yuan ($880 million). This news comes following Hainan provincial authorities announcing they had reached a strategic agre...

December 28, 2021

China

Telstra expands Ashburn footprint

Telstra is expanding its footprint at its primary data center in Ashburn, Virginia. Its DC21 facility is managed by Equinix, and according to the company, this expansion will be almost triple the size of the facility now. Telstra says that the expansion at Ashburn, also “adds extra layers of ...

December 16, 2021

Telstra

China's Guangdong to move data centers undersea

China's Guangdong province recently announced its five-year plan for its marine economy. Part of this plan will see "high energy consuming data centers" submerged in the sea to reduce energy consumption. As per the plan, cities such as Guangzhou, Shenzhen and Zhuhai will relocate their data ce...

December 16, 2021

China

VNET to form JV with Sovereign Wealth Fund to develop hyperscale data centers in China

VNET, formerly known as 21Vianet, has launched a joint venture with an unrevealed sovereign wealth fund to build and operate hyperscale data centers in China. The agreement will see VNET create individual project companies that will develop each data center. Upon completing the data centers, V...

December 15, 2021

China

Beijing warning over data center construction

In light of the global push to reduce carbon emissions, Beijing outlined in a plan published on Wednesday that local governments in China should ensure that the "blind and disorderly development" of data centers is carefully monitored and prevented. Moreover, it stated that governments should ...

December 09, 2021

Beijing

China Telecom leaving the US in January after appeal fails

News emerging is that China Telecom Americas will be leaving the United States. This comes after the US Court of Appeals for the District of Columbia Circuit denied China Telecom’s emergency motion to pause an FCC order that revoked its authorizations to continue operations in the country. ...

December 08, 2021

China Telecom

ESR proposes plans to convert cold storage facility into a data center in Hong Kong

ESR Cayman Limited has reportedly submitted a proposal to convert Brilliant Cold Storage Tower 2 at 11-19 Wing Yip Street, in Kwai Chung, New Territories, into a data center. The proposed data center would have a capacity of 40MW, spanning 15-stories, adding a total of 450 sqm of space which w...

November 25, 2021

Hong Kong

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