Latest news with #data centre
Independent Singapore
2 days ago
- Business
- Independent Singapore
Johor pioneers wastewater recycling for Tier 4 data centres in nation's first
JOHOR BAHRU: Johor has taken a national lead by becoming the first Malaysian state to use wastewater recycling in Tier 4 data centre operations, blending cutting-edge technology with sustainable water management. Mentri Besar Datuk Onn Hafiz Ghazi said the achievement cements Johor's position as the country's top data centre hub while driving both economic growth and environmental responsibility. According to The Star , he noted that more than 50 data centre construction applications have been received to date, with 42 already approved by the second quarter of 2025. These projects represent RM164.45 billion (S$50 billion) in total investments and are expected to create over 6,000 jobs for Malaysians, especially Johoreans. Balancing growth with sustainability Speaking at the Alternative Water Usage Recognition Ceremony on Aug 11, Onn Hafiz noted that the state is reviewing seven new data centre applications, which together could require up to 76 million litres of water daily. With such significant demand, he stressed the need for growth to go hand in hand with careful resource management. He explained that the Johor Data Centre Development Coordination Committee, co-chaired by three state executive councillors, was set up to oversee projects through a transparent review process. The focus, he said, is on ensuring that facilities adopt renewable energy sources and alternative water solutions, reducing pressure on Johor's potable water supply. Johor Special Water (JSW), a subsidiary of Permodalan Darul Ta'zim Sdn Bhd, has exclusive rights under a 2011 agreement with national sewerage company Indah Water Konsortium (IWK) to develop wastewater reclamation projects for industrial use. Treated wastewater is being channelled into data centre cooling systems alongside raw water and desalinated water. Deputy Prime Minister Datuk Seri Fadillah Yusof commended the move, calling it 'a step forward in ensuring environmental sustainability and resource security' and encouraging other states to follow Johor's lead. Turning sewage into a digital asset As of Jun 30, JSW had received requests from operators for 136 million litres of alternative water supply per day. This week, three agreements were formalised to expand the use of reclaimed water in data centre operations. The first agreement between IWK and JSW will see treated effluent from sewage plants sent to reclaimed water production facilities. The second, involving JSW, Bridge Data Centres and Computility Technology, covers the use of reclaimed water for cooling systems, with one facility already in operation in Ulu Tiram and another scheduled to open in Iskandar Puteri by December. The third agreement, between JSW and DayOne Data Centres, will supply raw water from the Tebrau River to a new data centre in Kempas Tech Park, expected to start operating in November. Onn Hafiz said these initiatives will reduce reliance on treated water for industrial purposes and reinforce Johor's reputation as a leader in green industry practices. Why it matters for Singaporeans For Singapore, Johor's wastewater recycling drive is more than just a sustainability milestone across the border. The state plays a crucial role in the Johor–Singapore Special Economic Zone (JS-SEZ), where data centres are a fast-growing sector. A sustainable and dependable water supply means these facilities — many of which serve regional clients, including Singapore-based firms — can grow without placing additional strain on shared water resources. For Singaporean investors and tech companies, it's also a signal that Johor is serious about building a resilient, future-ready digital infrastructure that can meet global demand while protecting the environment both countries share. Read also: Singapore and Johor partner to train talent for special economic zone, unveil Ascott Coronation Square
Yahoo
05-08-2025
- Business
- Yahoo
Core Scientific shareholders balk at terms of CoreWeave merger offer, FT reports
(Reuters) -CoreWeave's $9 billion deal to buy data centre landlord Core Scientific is facing a potential revolt, with some top shareholders of the target company arguing it could leave them short-changed, the Financial Times reported on Tuesday. Reuters could not immediately verify the report. Sign in to access your portfolio
CNA
05-08-2025
- Business
- CNA
Core Scientific shareholders balk at terms of CoreWeave merger offer, FT reports
CoreWeave's $9 billion deal to buy data centre landlord Core Scientific is facing a potential revolt, with some top shareholders of the target company arguing it could leave them short-changed, the Financial Times reported on Tuesday.
Telegraph
31-07-2025
- Business
- Telegraph
Energy giant plots UK wood-fuelled data centre
Yorkshire could become home to the world's first data centre powered by wood under plans to prolong the life of Drax, the timber-fired electricity generator. Its owners want to build an artificial intelligence (AI) data centre on land next to the power station where it can draw electricity via direct connections to the plant. Drax has been at the heart of years of protests from environmentalists because it is fuelled by burning wood harvested in North American forests and shipped to the UK. It says this makes the power it generates 'renewable' – a claim contested by green groups, which accuse Drax of promoting the destruction of forests. Will Gardiner, the chief executive of Drax, said the power station's current contracts with the Government, under which it has been paid billions of pounds in subsidies, will expire in 2031. As a result, the company is exploring alternative future revenue sources for the company. 'We want to see them renewed because Drax will be essential to the UK's energy security for many years to come,' Mr Gardiner said. 'But we are also looking at building a data centre on some spare land on the same site where it could source reliable green energy from our power station. We are talking to data centre companies ... It's a longer-term project that could be running by the end of the decade.' He said Drax was exploring offering 'power purchase agreements' with data centre operators under which they would get 'renewable' power at a fixed price and could then claim they were environmentally friendly. Mr Gardiner's comments coincided with the company's latest financial results, showing it made a profit of £281m after tax for the first half of this year, down from £463m in the same period last year. Drax is currently crucial to the UK's power supplies. The plant, near Selby, generated around 5pc of the country's electricity in 2024 by burning 6.4 million tonnes of wood, equivalent to 27 million pine trees. The site was initially built as a coal-fired power station in the 1960s and expanded in the 1980s to become the largest coal-fired power station in Western Europe. When coal became controversial, Drax announced in 2012 that it would convert four of its six units to burn biomass. By 2018, the conversion was complete, creating what its owners claimed was the UK's largest renewable energy power station. Last year alone, Drax imported 4.6 million tonnes of wood from the US and another 760,000 tonnes from Canada, with further deliveries coming from Brazil, Latvia and Russia. It has only been able to keep on burning wood by also burning money. It has received £6.5bn of subsidies from the Government since 2002, mostly under the Renewables Obligation Certificate (ROC) scheme – a subsidy whose soaring costs led to it being closed to new entrants eight years ago. Drax's ROC contracts are set to expire in two years' time but will be replaced by another set of subsidies from 2027-31 under which it will receive another £2bn, all paid for by levies on consumer bills.
Reuters
31-07-2025
- Business
- Reuters
Schneider Electric confirms 2025 outlook as data centres drive growth
July 31 (Reuters) - French electrical equipment maker Schneider Electric ( opens new tab confirmed its 2025 outlook on Thursday after reporting second-quarter revenue growth, buoyed by continued strong demand for its data centre offering. Revenues were up 8.3% organically to 10.01 billion euros ($11.43 billion). That compared with estimates of 9.99 billion and 7.5% organic growth in a company-compiled consensus. Revenues at its energy management business rose 10% organically. The company confirmed its implied 2025 adjusted earnings before interest, taxes and amortization (EBITA) margin of between around 18.7% and 19%, compared with an estimate of 18.8%. The guidance included the impact of trade tariffs enacted or announced to-date, the company said. The group, which has been benefiting from a shift toward electrification and heavy investment in data centres, said that the overall environment in data center segment continued to be very strong, with sales growing double-digit in the quarter. It added that it saw good traction for its cooling offers, including for liquid cooling at its recently acquired U.S. company Motivair. Schneider noted that demand at its non-residential segment remains strong, but its "relatively smaller" residential buildings segment continued to see a decline in demand. All of its four regions reported growth in the quarter, Schneider said. Revenues in North America, which is its biggest market accounting for 38% of its second-quarter revenue, grew 12.5% organically. The company has more than 20 factories and distribution centers across the U.S., including facilities in Texas, Ohio, Missouri, North Carolina. ($1 = 0.8758 euros)
