April 08, 2022 China
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 phase...
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April 08, 2022 Tokyo
Gaw Capital Partners has announced the acquisition of a building in Tokyo, Japan. The real estate private equity firm also plans to transform the building into a data center. The Fuchu Building it acquired is next to Meito Sangyo Building in Fuchu Intelligent Park. Gaw will demolish the 59,000...
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April 07, 2022 Japan
ESR Cayman has announced its plans to develop a new 20MW data center in West Tokyo, Japan. This comes following the company’s acquisition of a data center asset in Higashi Kurume, which spans 20,900 sqm (225,00 sqft). Looking ahead, the company has said that its new facility will be operational...
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April 07, 2022 Hong Kong
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$2.88...
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March 31, 2022 Seoul
Alibaba Cloud has announced the opening of a new data center in Seoul, South Korea. The company first revealed plans for a South Korean cloud region last year. It currently operates 82 Availability Zones and 26 regions across the globe. Alibaba’s head of Cloud Intelligence for Japan and Korea,...
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March 21, 2022 Seoul
Pacific Asset Management and Canada Pension Plan Investment Board have formed a joint venture for the sole purpose of developing a hyperscale data center in Seoul, South Korea. The two companies announced that they would be investing KRW 200 billion (US$164.4 million) to develop the largest...
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March 18, 2022 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 (23,000...
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March 10, 2022 Japan
Two Japanese firms are coming together to form a data center joint venture. NEC and IT firm SCSK Corporation revealed that they are partnering up to strengthen their network and data center business involvement. The JW will see the firms create SCSK NEC Data Center Management, ltd. The new...
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March 01, 2022 Seoul
Singapore’s SC Capital Partners (SCCP) has announced the launch of a new data center firm. The real estate investment firm says it will be developing hyperscale facilities across Asia. Zeus Data Centers, backed by SCCP, launched its website and social media pages in the summer. Reports show that...
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March 01, 2022 Japan
Japan's New Energy and Industrial Technology Development Organization (NEDO) has announced that it will be funding projects pushing forward greener data centers with its Green Innovation Fund. A number of companies have been selected to work on the project. This includes Fujitsu, NEC Corporation,...
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March 01, 2022 China
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...
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February 22, 2022 China
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...
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February 21, 2022 Japan
GLP has revealed its plans to enter the Japanese data center market. The company is looking to develop data centers with up to 900MW of capacity over the next five years in the market. In addition, it will also invest up to $12 billion to bring facilities to live. By so doing, the Singapore-based...
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February 13, 2022 China
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...
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February 08, 2022 China
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 company...
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January 24, 2022 Beijing
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 that...
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January 06, 2022 Hong Kong
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 its...
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January 06, 2022 China
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...
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December 31, 2021 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...
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December 28, 2021 China
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...
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