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...
Read more
January 17, 2022 Singapore
This week, Singapore's Trade and Industry Minister made an announcement that the country's moratorium on new data center builds, which was introduced back in 2019. Minister Gan Kim Yong said that going forward, a "more selective" approach to new builds will be taken. In a written reply to a...
Read more
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...
Read more
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...
Read more
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...
Read more
December 16, 2021 China
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...
Read more
December 15, 2021 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, VNET...
Read more
December 09, 2021 Beijing
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...
Read more
November 18, 2021 Shanghai
Chinese developer Chayora has revealed plans to build a data center campus in Shanghai, China. The data center campus will sit on an 8.5-acre site. In addition, the campus will have three five-story buildings with a capacity of up to 10,000 racks. Chayora also revealed that the campus would have...
Read more
October 26, 2021 China
Tesla has finally opened its data center in Shanghai, China. It first announced the facility in April after Chinese regulators started making rules that would require Chinese subsidiaries to store data in China. Tesla did not reveal many details about the data center as the electric vehicle maker...
Read more
October 18, 2021 Batam
Data Center First has announced that it is moving into Batam, Indonesia, with its first data center in the country. According to the company, the first phase will see the construction of a 30MW facility at Batam Island's Nongsa Digital Park, spanning 276,600 sq ft (25,700 sqm), and there is a...
Read more
September 17, 2021 China
Guian New District's Big Data Development Service Center, has announced that China's Guian New District has 15 large and super-large data centers either underway or planned for future construction. By 2025, the project is expected to exceed 100 billion Yuan; however, in just the first quarter of...
Read more
September 08, 2021 China
Underwater data centers are increasingly being looked to solve the industry’s sustainability issue. Submerging data centers underwater is reportedly more energy-efficient, addresses space scarcity, and sees facilities encounter fewer failures. Now, authorities in China are planning to invest in...
Read more
September 06, 2021 China
China's data center market has seen incredible growth over the last few years. Back in 2019, the market was valued at USD 13.01 billion but is forecast to reach a value of USD 36.18 billion by 2025. It is also registering a CAGR of 19.2% from 2020 to 2025. While this is good news economically,...
Read more
August 25, 2021 Princeton Digital Group
Princeton Digital Group (PDG) has announced that it is investing $150 million to build a data center in Indonesia. The facility (Jakarta Cibitung- JC2) will have 22MW of power, and it will be built in the same campus that hosts PDG’s JC1 data center. Upon completion, the facility can still be...
Read more
July 23, 2021 Batam
Hong Kong-based real estate equity firm Gaw Capital Partners has announced a new joint venture with veteran Wong Ka Vin. The new company is Data Center First Pte Ltd. Gaw says the joint venture will focus exclusively on developing a data center campus in Batam, Indonesia. Kenneth Gaw, President...
Read more
July 20, 2021 Batam
According to Indonesia’s Coordinating Ministry for the Economy, Telkom Indonesia and Etisalat are joining forces to develop a new data center in northwest Indonesia. This announcement comes as the country undergoes a data center construction boom and is expected to reach a value of USD$ 3.07...
Read more
June 29, 2021 Princeton PDG TY1
Princeton Digital Group is building a 100MW hyperscale campus in Tokyo, Japan. Investments in the facility are also expected to reach $1 billion. The facility would be built on an eight-acre site in Saitama City, Tokyo. Princeton Digital Group will build the facility in two phases, with each...
Read more
June 29, 2021 China
CDH Investments has announced that it has raised RNB 2 billion ($310 million) for a domestic data center Company. CDH Investments is a Beijing-based firm, and the funds it raised are said to be the first domestic fund in China that’s focused on investing in data centers. Ye Tao, managing director...
Read more
June 28, 2021 Princeton Digital Group
According to reports from Bloomberg, Princeton Digital Group wants to raise funds from investors to the tune of $400 million. Princeton Digital Group invests, develops, and operates data centers across Asia in countries like Singapore, China, Indonesia, and India. It also has 18 data centers in...
Read more