DC investors in Korea, Japan struggling to find powered land: CBRE report
A recent report by CBRE has found that while investor confidence in data centers is expected to strengthen over the remainder of the decade, due to growth of AI and cloud, investors in South Korea are increasingly looking outside expensive established markets like Seoul in a bid to find affordable power and land. Meanwhile in […]
Southeast Asia’s uneven data center growth amid supply shortage: CBRE
Asia Pacific will see a supply shortage of around 15 to 25GW by 2027 / 2028, based on potential regional demand of 45-55GW, according to CBRE’s Asia Pacific Trends and Opportunities Report published recently. However, the pipeline will strengthen following a wave of supply due to come onstream in the next six to 12 months. […]
DayOne inks deal with TNB for 500MW RE for its data centers; a first under CRESS
DayOne today announced that it has signed Malaysia’s first-ever CRESS agreement with Tenaga Nasional Berhad (TNB), securing up to 500MW of renewable energy over a 21-year term to power its data center operations in Malaysia. This landmark agreement makes DayOne the first corporate to execute a Bilateral Energy Supply Contract (BESC) under the Corporate Renewable […]
Malaysia’s population per MW data center capacity to improve by 80% by 2030
Malaysia’s strong data centre development pipeline will see its population per megawatt ratio consolidate faster than any other Asia Pacific market between now and the end of the decade, with Thailand and Japan seeing the second and third fastest rates of consolidation, according to a new report from global real estate services firm Cushman & […]
AWS inks 1,920MW nuclear energy deal with Talen
Amazon.com has inked a deal yesterday with U.S. utility Talen Energy for the latter to supply up to 1,920 megawatts of electricity from its Susquehanna plant in Pennsylvania to Amazon Web Services (AWS) data centers, according to Reuters. The long-term nuclear energy partnership, lasting until 2042, ensures Talen a steady, long-term revenue stream while supporting […]