Data Center Investment News — 29/09/2023
South Korean Tech Giant Completes $340M Data Centre a Year After Severe Fire
A South Korean tech giant has successfully completed the construction of a $340 million data centre just a year after a severe fire incident. This achievement highlights the company’s resilience and commitment to digital infrastructure.
Kakao CEO Hong Eun-taek said: “Our gratitude extends to both Ansan City and Hanyang University for helping us build an efficient, resilient, and eco-friendly data facility. This advanced infrastructure will be a cornerstone in our dedication to providing everyone with reliable services.”
The new data centre will play a crucial role in supporting South Korea’s digital ecosystem, offering enhanced data processing and storage capabilities.
Princeton Digital Group has launched a data centre in Jakarta, Indonesia, in response to growing hyperscale demand in the country.
Varoon Raghavan, Chief Operating Officer and Co-Founder of PDG, said: “Indonesia is one of the fastest growing economies in the world with a digital economy that is projected to exceed US$124 billion by 2025. Underpinned by favourable demographics, the country is witnessing ever-increasing cloud adoption, internet penetration and e-commerce growth. These tailwinds combined with and amplified by AI will drive accelerated demand in Indonesia.
“The launch of JC2 further solidifies our position as a leading Pan-Asia data centre operator enabling sustainable digital infrastructure growth in all the markets we operate in. JC2 is a facility designed to meet the mission-critical needs of our customers sustainably. In addition to growing our footprint in Indonesia, we are taking meaningful steps to ensure that we continue to progress on our sustainability commitments.”
This investment underscores Indonesia’s emergence as a key data centre market in Southeast Asia. The data centre will cater to the needs of cloud providers and enterprises, supporting their digital expansion in the region.
GLP Launches 1.5GW Data Centre Platform Covering Asia, Europe, and the Americas
GLP, a global logistics and data infrastructure provider, has unveiled a massive 1.5-gigawatt (GW) data centre platform spanning Asia, Europe, and the Americas. This initiative demonstrates GLP’s commitment to meeting the increasing demand for data infrastructure worldwide.
Weitzel said: “Like our namesake, Ada Lovelace (1815-1852), considered the world’s first computer programmer, we believe in technology’s potential to benefit society, an idea she described as ‘poetical science’.
“In this spirit, we are committed to meeting the ever-growing capacity needs of the world’s most transformative companies, while making a positive impact on communities and the planet. We are building a company that customers want to work with and employees want to work for, not just now, but for years to come. This also means investing in the communities in which we work and live – creating and fostering equitable access to economic and social opportunities.” The platform will support the growth of digital services and connectivity across multiple continents.
Ceske Radiokomunikace Building Edge Data Centre Outside Prague
Ceske Radiokomunikace is constructing an edge data centre outside Prague, Czech Republic. This project aims to bolster the region’s edge computing capabilities and improve the delivery of digital services.
The Cukrák data centre will offer capacity for up to 78 racks at 3kW and will be the company’s seventh data centre. The site will be Tier II compliant, and feature three power feeds from two substations as well as two fibre routes.
The edge data centre will play a crucial role in enhancing connectivity and supporting the growing demand for low-latency applications.
Ground Broken on CapitaLand Data Centre in Hyderabad, India
Ground has been broken on a CapitaLand data centre project in Hyderabad, India. This development underscores India’s importance as a data centre destination, with Hyderabad emerging as a key market.
Sanjeev Dasgupta, CEO of CLI India and CapitaLand India Trust, said: “Hyderabad is among the fastest growing markets for CLI in India where we have close to 30 years of experience. We currently have 12 business parks across six cities in India, three of which are in Hyderabad.
“Our business parks in India enjoy a strong average occupancy rate of close to 90 per cent, housing over 150,000 professionals from both multinational and local companies. Besides our data centre in ITPH, we have two data centres under development in Navi Mumbai and Chennai, and one being planned for at our International Tech Park Bangalore.”
The new data centre will contribute to the region’s digital growth and provide critical infrastructure for cloud and IT services.
Construction Begins on SWU Data Centre in Ulm, Germany
Construction has commenced on a data centre project by SWU in Ulm, Germany. This initiative reflects the growing demand for data centre services in Germany, particularly in the southern region.
“Secure IT infrastructures will be available in the new data centre, with which we will lay a stable and innovative basis for the progressive digitalization of all areas of life and work,” said Mayor Gunter Czisch at the ground-breaking ceremony.
The new data centre will support the digital transformation efforts of businesses and organizations in the area.
Amazon Plans Five-Building Data Centre Campus in New Albany, Ohio
Amazon is planning a substantial data centre campus consisting of five buildings in New Albany, Ohio.
“AWS has been a strong corporate citizen in Central Ohio since arriving here almost a decade ago and has been a major catalyst in the growth of the Silicon Heartland,” said New Albany Mayor Sloan Spalding.
“Our community stands poised to support AWS in addressing the global surge in cloud computing needs. New Albany is dedicated to fostering economic growth and creating a business-friendly environment for the benefit of our citizens and the broader community. Today’s announcement is a testament to this vision and a tribute to the hard work of our economic development team and community partners.”
This expansion underscores Amazon’s commitment to its cloud services and the increasing demand for data infrastructure. The campus will enhance the region’s digital capabilities and contribute to economic growth.
Raxio Breaks Ground on Data Centre in Luanda, Angola
Raxio has broken ground on a data centre project in Luanda, Angola. “Our decision to build Angola’s first carrier-neutral next-generation facility reveals our commitment to a well-defined strategy to provide the country with a vital digital infrastructure. With the arrival of new connectivity solutions and the continued evolution of the digital ecosystem in the region, we will continue to build scalable, hyperscale-ready facilities to meet the growing needs for connectivity, storage and data processing,” said Robert Mullins, CEO of the Raxio group.
This initiative marks a crucial step in developing digital infrastructure in Angola, supporting the country’s digital transformation and economic development. The data centre will offer essential services to meet the growing demand for data processing and storage.
Italian Organizations Look to Develop Data Centre in San Romedio Mine
Italian organizations are exploring the development of a data centre in the San Romedio Mine. This project highlights the innovative repurposing of historical mining infrastructure for modern data storage needs.
The data centre will be designed for use by the life sciences fields, artificial intelligence, high-performance computing, Edge computing, and cybersecurity including quantum encryption, and will work on projects contributing to energy transition. The facility itself will use renewable energy, while the mine will act as a shield from natural disasters.
The data centre in the mine is expected to promote sustainability and digital growth in the region.
Aligned Acquires 130 Acres in Ohio for Data Centre Campus
Aligned, a data centre provider has acquired 130 acres of land in Ohio for the development of a data centre campus. This expansion highlights the demand for data centre services in the region.
“Aligned is very excited to enter the Northeast Ohio market and return a brownfield site to productive use for the local community,” said Andrew Schaap, CEO of Aligned. “As part of our sustainability mission, Aligned has not shied away from redeveloping brownfield projects that have lain dormant for many years (sometimes decades) in communities. Transforming these properties into assets for the local community is a win-win-win – removing blight, generating revenue, returning jobs to a former industrial location, and preserving greenfields for other uses.” The campus will serve as a hub for data processing and storage, supporting businesses and enterprises in Ohio.
Pi Datacentres to Invest $24M Developing Hyderabad Data Centre in India
Pi Datacentres is investing $24 million in the development of a data centre in Hyderabad, India. This investment reflects the growing demand for data infrastructure in India, particularly in the tech-savvy city of Hyderabad.
Kalyan Muppaneni, founder and CEO of Pi Datacentres told Businessline: “It (AI Cloud) is in its nascent stage. It is like what Cloud was seven years ago. As the cloud offerings transformed the way IT solutions were delivered and offered, AI Cloud would lead the AI adaptation. Even mission-critical solutions too are being hosted on the cloud. AI Cloud will see a similar trend.”
The new data centre will provide critical digital services to businesses and organizations in the region.
Botswana to Get Chinese-Built Data Centre in October
Botswana is set to receive a Chinese-built data centre in October. This project reflects Botswana’s efforts to bolster its digital infrastructure and support the country’s digital economy.
Plans for the data centre were first shared in March 2021 along with a groundbreaking ceremony. DCD reported at the time that construction was expected to take around eight months, though reports by BWTechZone suggest that the facility was only completed in June of this year.
According to Data Centre Platform, Botswana is home to five data centres, the largest of which is the DDDC. The country also has MTN Gaborone, Centerserv Gaborone, BTC Botswana, and another Botswana Fibre Networks data centre.
The data centre will contribute to data processing and storage capabilities in the region.
KevlinX Breaks Ground on Brussels Data Centre
KevlinX has broken ground on a data centre project in Brussels, Belgium. This initiative reinforces Brussels’ position as a data centre hub in Europe.
Giovanni Della Pesca, managing director, Macquarie Capital said: “This is a sector experiencing huge growth, playing a crucial role in supporting an increasingly digital global economy. We are pleased to partner with PMV and KevlinX to realize this critical infrastructure for Belgium. Through our investment, we intend to support KevlinX to deliver on their project pipeline as they embark on an exciting period of growth across Europe.”
The data centre will support the digital transformation of businesses and organizations in the region, offering state-of-the-art data processing and storage solutions.
India’s Webel Plans Data Centre in West Bengal
India’s Webel is planning the development of a data centre in West Bengal. This project aims to enhance digital infrastructure in the state and promote technology-driven growth.
“We already have two data centres – one at Sector V in Salt Lake and another at Purulia. The third one in the state will be coming up in Siliguri. IT Parks, institutions, gaming, start-ups etc. now require high-end computing. The data centre will cater to their requirement,” a senior official of Webel said.
The data centre will contribute to West Bengal’s digital ecosystem and support the region’s economic development.
South Korean Tech Giant Announces $2 Billion Investment for Data Centre in India
A South Korean tech giant has announced a significant $2 billion investment for the construction of a data centre in India. This substantial investment highlights India’s growing importance as a data centre market. Once operational, the data centre is expected to serve various sectors, including e-commerce, cloud computing, fintech, and more.
The USD 2 billion investment will be allocated toward the construction and operation of the data centre, including the necessary infrastructure and advanced security measures to safeguard sensitive data. Dr. David Kim of SOLIS-IDC anticipates that the facility will become one of the most energy-efficient and environmentally sustainable data centres in the region. The new data centre will support the digital transformation of the country and offer advanced data processing and storage capabilities.
Kotak Data Centre Fund Invests Rs 600 Crores to Expand Sify’s Data Centre Business
Kotak Data Centre Fund has invested Rs 600 crores to expand Sify’s data centre business. This investment demonstrates the growing interest in India’s data centre sector and the need for infrastructure expansion.
Speaking on the occasion, Srini Sriniwasan, Managing Director, Kotak Alternate Asset Managers, said, “We believe that with vibrant entrepreneurship in the digital space, rich media consumption by an exploding well-connected population and increasing requirements for local storage of data, India’s Data Centre sector is a long-term secular opportunity.” MP Vijay Kumar, Executive Director and Group CFO, Sify said, “This partnership gives us the needful equity to scale up our Data Centre footprint and realize our opportunities faster. Our intent is to build capacity in sync with customer demand, in the most modular design and by deploying the latest and most cost-effective technologies.” The funds will support Sify’s efforts to provide cutting-edge data centre services to businesses and organizations in India.
David Bloom Joins Kao Data as New Chairman
David Bloom has joined Kao Data as the new chairman of the company. His appointment reflects the company’s commitment to leadership and growth in the data centre industry.
“As one of the pioneers of Kao Data, it’s been truly rewarding to see our vision for a hyperscale-inspired data centre platform come into fruition, and I’m excited to join the organisation to help spearhead the next phase of growth,” said David Bloom, chairman, Kao Data.
“With the ongoing support of our investment partners, the leading reputation of our technical, management, and operational teams, and our ethos for energy efficiency and sustainability, I believe Kao Data will see continued success as technologies such as AI and machine learning become embedded in every facet of business and enterprise.”
David Bloom’s expertise is expected to contribute to Kao Data’s strategic development and expansion in the market.