Data Center News

Read RDA and MVGX partner for sustainable data center development
RDA and MVGX partner for sustainable data center development

RDA and MVGX partner for sustainable data center development

May 23, 2022 Singapore

MetaVerse Green Exchange (MVGX), a crypto exchange regulated by the Monetary Authority of Singapore (MAS), has announced it is teaming up with AI firm Red Dot Analytics, for carbon measurement and to offset tropical data centers. Singapore implemented a three-year moratorium on new data center...

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Read Hulic's Plan For a Data Center in Tokyo Revealed
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Hulic's Plan For a Data Center in Tokyo Revealed

May 23, 2022 Tokyo

Japanese real estate company Hulic has plans to develop a data center in Tokyo, Japan. According to the Japanese press and Japan Property Central, the firm will be building the data center on the site of an existing office it owns. The office is located in Nihonbashi, Tokyo. Hulic will demolish...

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Read Cisco launches Mumbai data center
Cisco launches Mumbai data center

Cisco launches Mumbai data center

May 05, 2022 Mumbai

Cisco's Duo has announced that it has launched its first data center in Mumbai , with the intention of providing its customers with enhanced cyber defense and data localization. This move is also part of a wider global expansion strategy. Information about the facility's specifications are yet to...

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Read Alibaba shares new green goals
Alibaba shares new green goals

Alibaba shares new green goals

April 27, 2022 China

Alibaba has announced that it has joined the Low Carbon Patent Pledge (LCPP), which is an international platform that encourages companies to share patents for low carbon technologies. In line with this pledge, the company will make nine key patents for green data center technology available for...

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Read Vultr opens cloud data center in Mumbai
Vultr opens cloud data center in Mumbai

Vultr opens cloud data center in Mumbai

April 18, 2022 Mumbai

Vultr has announced that it has launched a cloud data center location in Mumbai, making the city its 25th global location. According to the company, it will enable businesses in India to innovate quicker and at a reduced cost. Commenting on the company’s expansion, Vinod Chacko, Business...

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

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

April 12, 2022 China

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),...

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Read SGTech's response to Singapore's data center quota
SGTech's response to Singapore's data center quota

SGTech's response to Singapore's data center quota

April 11, 2022 Singapore

Although back in 2019, Singapore introduced a data center moratorium following concerns around energy supplies, in 2022, this moratorium was lifted - with conditions. Part of these conditions was that the country would be more selective over future data center projects. Further details around...

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Read Three Gorges Group's Hubei Data Center First Phase Completed
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Three Gorges Group's Hubei Data Center First Phase Completed

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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Read Gaw Capital Partners Acquires Building For Data Center in Tokyo, Japan
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Gaw Capital Partners Acquires Building For Data Center in Tokyo, Japan

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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Read Alibaba Launches Data Center in Seoul, South Korea
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Alibaba Launches Data Center in Seoul, South Korea

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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Read Energy firm ZR Power Holding's data center plans
Energy firm ZR Power Holding's data center plans

Energy firm ZR Power Holding's data center plans

March 28, 2022 Mumbai

Indian Energy firm ZR Power Holdings has announced that it is investing more than Rs 1,700 crore ($223.2m) in a data center at Mahape in Navi Mumbai. The proposed facility would have a capacity of 50MW and span a 10-acre plot which the company is currently acquiring. Zain Ravadji, chairman, of ZR...

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Read Pacific Asset Management and CPP Investments Are Teaming Up To Develop Hyperscale Data Center In Seoul
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Pacific Asset Management and CPP Investments Are Teaming Up To Develop Hyperscale Data Center In Seoul

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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Read SC Capital Partners Launches Zeus Data center Plans Hyperscale Facility in Seoul
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SC Capital Partners Launches Zeus Data center Plans Hyperscale Facility in Seoul

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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Read Alibaba Cloud's 2030 vision
Alibaba Cloud's 2030 vision

Alibaba Cloud's 2030 vision

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

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

February 23, 2022 Princeton Digital Group

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 a...

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Read China approves ten data center clusters
China approves ten data center clusters

China approves ten data center clusters

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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Read GLP Wants To Raise $500 million to fund Chinese expansion
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GLP Wants To Raise $500 million to fund Chinese expansion

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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Read Hotwon Group Plans To Raise $300 million To Fund Expansion
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Hotwon Group Plans To Raise $300 million To Fund Expansion

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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Read Singapore and Silicon Valley tie second place in data center rankings
Singapore and Silicon Valley tie second place in data center rankings

Singapore and Silicon Valley tie second place in data center rankings

February 03, 2022 Singapore

According to Cushman & Wakefield's 2022 Global Data Center Market Comparison report, Singapore now ties with the US's Silicon Valley in its league table of the top data center markets. This means that Singapore is now the top market for data centers in Asia-Pacific, beating Hong Kong (6th...

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Read AIIB to invest $150 million in new data centers
AIIB to invest $150 million in new data centers

AIIB to invest $150 million in new data centers

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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