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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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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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...
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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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December 16, 2021 Telstra
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...
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December 16, 2021 Sydney
Australian real estate company Trifalga is starting a data center unit with plans to have a largescale data center campus in Sydney. Trifalga and Trifalga DC’s first data center project will be an 800,000 square feet data center in Rouse Hill, Sydney. However, Trifalga did not reveal when the...
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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...
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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...
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December 10, 2021 Melbourne
Australian real estate development company Hickory has begun construction on its first data center in Melbourne. The company first revealed plans for the data center in June. The facility will be located on a 3.5-hectare site in Truganina, West Melbourne. The data center was to have 269,000...
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November 25, 2021 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...
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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...
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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...
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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...
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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...
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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,...
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July 29, 2021 Telstra
Telstra has announced the conversion of two of its data centers into carrier-neutral colocation facilities. Based in Sydney and Melbourne, both facilities have a PUE of 1.61 and 10MW power capacity. This move, according to reports, could be the first in a series of smaller data centers opening...
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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...
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