Data Center News

Oregon regulators approve PacifiCorp penalties for high-load energy users

The Oregon Public Utility Commission has ruled in favor of a PacifiCorp proposal that would penalize large-load customers, such as data centers, whose energy use at new facilities is not in line with forecast needs. "The scale of utility procurement and stranded asset risk associated with the...

December 27, 2024

Oregon

Edisun to supply AI-driven data centers with power from Madrid solar plant

European solar power producer Edisun Power plans to direct power from its 941MW Fuencarral solar power plant in Madrid to data centers in the region.The company noted that the additional electricity demand from artificial intelligence and the increasingly stringent European regulations for the...

December 23, 2024

Madrid

Keppel looks to buy facilities in Singapore

Keppel DC REIT this week announced the proposed acquisition of two hyperscale data centers at the Keppel Data Centre Campus in Singapore from a joint venture owned by its parent company. Keppel will continue to operate and manage the two facilities post-acquisition.The deal would be for S$1.0...

November 20, 2024

Singapore

Goodman completes Hong Kong data center

Real estate firm Goodman this week said it has completed the third building at its Goodman Tsuen Wan West data center campus and handed over the 50MW facility to Chinese operator GDS.Goodman’s head of Asia, Paul McGarry, said: “This is the latest data center completion at the brand new 225MW G...

October 04, 2024

Hong Kong

Data center fire in Singapore impacts Alibaba Cloud services

A data center fire incident in Singapore has caused issues to Alibaba's cloud services. The company said it occurred in Availability Zone C of its Singapore region."At 10:20 on September 10, 2024 Beijing time, Alibaba Cloud monitoring detected network access anomalies in availability zone C of...

September 12, 2024

Singapore

NTT selected to deploy Private 5G in Brownsville, Texas

NTT Data has been selected by the City of Brownsville in Texas to deploy private 5G wireless connectivity across the city. It will build and manage a turnkey private 5G network with high-speed and low latency. In addition, NTT’s Smart Solutions will be deployed to deliver data analysis, predic...

September 10, 2024

NTT

Synergy Group names Northern Virginia, Beijing, and Dublin as top 3 hyperscale locations

A report from Synergy Research Group found that just twenty state or metro markets account for 62 percent of the world’s current hyperscale data center capacity. Northern Virginia tops this list while the Greater Beijing Area takes the second place, with both making up 22 percent of global hyp...

August 23, 2024

Northern Virginia

PDG acquires new data center in Singapore

Princeton Digital Group this week announced the acquisition of Yahoo’s Singapore data center, SG3 which offers 5MW across 5,400 sqm (58,125 sq ft). Terms of the deal were not disclosed, but Yahoo will continue to host its infrastructure at the facility. Rangu Salgame, chairman, CEO and co-fo...

August 14, 2024

Singapore

Quantinuum signs MoU in Singapore for city-state’s quantum sector

Quantinuum has signed a Memorandum of Understanding with several Singaporean institutions to provide the city-state with access to it's H-Series and Helios quantum computers and collaborate on quantum computing use cases. Other signatories of the MoU include Singapore’s National Quantum Offic...

July 25, 2024

Singapore

Fintech executives express concerns about increasing reliance on AI

Fintech executives are concerned about the rise of artificial intelligence (AI) increasing banks' reliance on the big US tech firms. At a gathering in Amsterdam last week, some executives suggested that the sector will increasingly have to turn to the likes of Google Cloud Platform, Amazon Web...

June 12, 2024

Amsterdam

Viasat launches new headquarters in London

Satellite firm Viasat last week officially launched its new office, at 50 Finsbury Square in London, as the combined offices of both Viasat and Inmarsat, the rival vendor it acquired last year. The new 121,000 square feet site includes new satellite, network, and cyber operations centers for t...

April 15, 2024

London

Alibaba extends cloud price cut to international customers

Alibaba has revealed that it is now slashing its prices by as much as 59 percent for customers "from the US to Singapore." This comes shortly after the company's March 2024 announcement that it would be cutting cloud costs for its Chinese customers by up to 55 percent with the hope of winnin...

April 09, 2024

Singapore

Asia-Pacific plans new data center acquisitions

Singaporean real-estate firm Asia-Pacific Strategic Investments Limited (APS) this week announced plans to acquire a 100 percent stake in Taiwanese sustainable data solutions provider, Mobii Genius Co., Ltd., for US$150 million. “Creating green data processing and storage facilities is of par...

April 08, 2024

Singapore

Oriole Networks raises £10 million in seed funding

University College London (UCL) spinout Oriole Networks has raised £10 million ($12.6m) in a seed funding round co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton Ventures, with support from Innovate UK Investor Partnership. “As the demand for compute continues to inc...

March 29, 2024

London

Telkom Indonesia consolidates Singapore data centers

Telkom Indonesia has consolidated its Singapore data centers under one umbrella unit ahead of a potential sale. The company wrote on LinkedIn that this marks a “significant milestone in our journey toward becoming a regional powerhouse in the data center industry,” “The rationale behind this ...

March 05, 2024

Singapore

Segro to develop new data centers after £900 million share issue

Property investor Segro has raised £900 million ($1.1 billion) in a share issue and intends to use this funds to develop its portfolio across the UK and Europe. The London-listed business had initially been hoping to raise £800 million ($1.01bn), but on Tuesday evening its directors said stron...

February 29, 2024

London

Empyrion DC secures S$133 million green loan

Empyrion DC, a Singapore-based data center operator, has secured a green loan worth S$133 million (US$98 million) to refinance its SG1 Dodid data center in Singapore, with proceeds used to “support existing operations” at the 12.5MW facility. This financing was provided by the UOB bank. Mark ...

February 27, 2024

Singapore

Mapfre sells 10MW facility in Madrid

Spanish insurance firm Mapfre has sold its data center in Madrid. The company received advise on the sale-leaseback deal of its 10MW facility in Alcalá de Henares from CBRE’s Spanish unit. Paul Mortlock, senior director and head of European data center capital markets at CBRE, said, "CBRE's Eu...

February 23, 2024

Madrid

NTT to build new data center campus outside Paris, France

NTT this week announced its NTT GDC unit will be developing its first data center campus outside Paris, France on a 35.5-acre site located 50km south of Paris in the municipalities of Le Coudray-Montceaux and Corbeil-Essonnes. This campus will total 84MW across three buildings. Doug Adams, CE...

February 17, 2024

NTT

Singapore-based startup receives $12.5 million in funding for electricity transformers

Singapore-based startup Amperesand, which makes SSTs that could replace standard transformers in electricity distribution, has been given $12.5 million in funding to develop solid-state transformers (SSTs), which could make electricity grids more efficient and flexible. "We are thrilled to par...

February 09, 2024

Singapore

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