SK ecoplant: Pohang: SK ecoplant plans new 120MW data center campus
Sep 11, 2023 | Posted by MadalineDunn
SK ecoplant has shared plans for a new 120MW data center campus and landing station in Pohang, South Korea. This will reportedly be the first in Pohang City, and will see four data centers developed with a capacity of 30MW each, to be built by 2027.
This comes following the signing of an investment memorandum of understanding (MoU) for the creation of a ‘global data center campus linked to land and country’ alongside DCT Telecom and KB Asset Management. Together, the companies will invest approximately KRW 1.5 trillion ($1.12 billion) in the Pohang Blue Valley Industrial Complex, developing a 120MW campus connected to a planned CLS.
The parties involved will have different roles in the development, SK ecoplant, for example, will be responsible for EPC (engineering, procurement, and construction), site acquisition, permits, and the establishment of a joint venture for operations, DCT Telecom will be involved with the installation and operation of land and submarine optical cables, and KB Asset Management will be responsible for investment using digital infrastructure funds.
Park Kyung-il, CEO of SK ecoplant, said: “As Korea’s No. 1 fuel cell operator last year, we plan to contribute to the revitalization of distributed energy and actively participate in the government’s policy by mobilizing all of our data center developer capabilities. Through our participation in this project, the Pohang Data Center Campus will expand the domestic market.”
“We will do our best to establish ourselves as a world-class digital infrastructure model,” added Kyung-il.
This comes following the signing of an investment memorandum of understanding (MoU) for the creation of a ‘global data center campus linked to land and country’ alongside DCT Telecom and KB Asset Management. Together, the companies will invest approximately KRW 1.5 trillion ($1.12 billion) in the Pohang Blue Valley Industrial Complex, developing a 120MW campus connected to a planned CLS.
The parties involved will have different roles in the development, SK ecoplant, for example, will be responsible for EPC (engineering, procurement, and construction), site acquisition, permits, and the establishment of a joint venture for operations, DCT Telecom will be involved with the installation and operation of land and submarine optical cables, and KB Asset Management will be responsible for investment using digital infrastructure funds.
Park Kyung-il, CEO of SK ecoplant, said: “As Korea’s No. 1 fuel cell operator last year, we plan to contribute to the revitalization of distributed energy and actively participate in the government’s policy by mobilizing all of our data center developer capabilities. Through our participation in this project, the Pohang Data Center Campus will expand the domestic market.”
“We will do our best to establish ourselves as a world-class digital infrastructure model,” added Kyung-il.
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