Data Center News

Alibaba Launches Data Center in Seoul, South Korea

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,...

March 31, 2022

Seoul

Pacific Asset Management and CPP Investments Are Teaming Up To Develop Hyperscale Data Center In 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 ca...

March 21, 2022

Seoul

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

NEC and SCSK are Forming a Data Center Joint Venture

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 ...

March 10, 2022

Japan

SC Capital Partners Launches Zeus Data center Plans Hyperscale Facility in 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...

March 01, 2022

Seoul

NEDO announces fund for new green data center research

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 Corporati...

March 01, 2022

Japan

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

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 To Invest $12b in Developing Data Centers in 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...

February 21, 2022

Japan

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

Digital Realty Announces Opening Of First Data Center in South Korea

Digital Realty has announced the opening of its first data center in Seoul, South Korea. The new Digital Realty data center is called Digital Seoul 1 (ICN10). The 12MW capacity data center has multiple stories, and it covers a space of 22,000 square feet. This facility is also located in Seoul...

December 25, 2021

Digital Seoul 1 (ICN10)

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

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