1 GW of Data Center Colocation Capacity Under Construction: Cushman & Wakefield Report
Around 1 GW of colocation capacity is under various stages of construction, with well over half of this new supply expected to come up in Mumbai, according to Cusman & Wakefield’s H1-2022 foercast. This forecast takes into consideration the land parcels that were acquired by operators with visibility to commence construction in the next few quarters. […]
Hitachi to Buy Back its 19% Stake from ABB Joint Venture
ABB, the Swiss engineering group said that it has reached an agreement to divest to Hitachi, Ltd. (Hitachi) its remaining 19.9 per cent equity stake in the Hitachi Energy joint venture, worth $1.679 billion. Hitachi exercised its option to buy the stake in the joint venture formed from ABB’s Power Grids business in 2020. The […]
How Bosung Group’s $2 billion Investment Deal With TGK Can Redefine Data Center Market in South Korea
On September 28, the South Korean government unveiled a blueprint to become a global leader in digital innovation with the goal of becoming the the world’s third most digitally competitive by 2027. Some recent developments point to the above-mentioned goals that the country has set for itself. Earlier this week, South Korea’s Bosung Group obtained […]
How Socomec is reducing greenhouses gas emissions (GHG) in data centres
The internet actually relies on millions of physical servers in data centers around the world, which are connected with miles of undersea cables, switches, and routers, all of which require Gigawatts of energy to run. That is not the problem. The problem is – much of this energy emanates from power sources that emit carbon […]