Wednesday, December 20, 2023

NTT partners with TEPCO Power Grid for Tokyo data centers

NTT Global Data Centers Japan (NTT GDCJ), a subsidiary of NTT DATA Group Corporation, and TEPCO Power Grid will establish a new company to jointly develop and operate data centers in the Inzai-Shiroi area, of Greater Tokyo, Japan. The forthcoming enterprise, set to be launched in the spring of 2024, anticipates making its initial capacity available in the latter half of the 2026 fiscal year.

The inaugural endeavor of this collaboration involves purchasing land in the Inzai-Shiroi zone, a key location for substantial data centers in the Asia-Pacific area. The initial objective is to construct data centers in Inzai-Shiroi, aiming for a total IT capacity of 50MW. 

NTT Global Data Centers is investing 1.5 trillion yen (approx. US$12 billion) over the next five years to expand and upgrade its data center business globally.

TEPCO Group said it is aiming to improve the efficiency and sustainability of power generation/transmission by fostering the development of data centers and other facilities with local communities, making the most of its expertise in construction and operation of power facilities and utilizing its existing assets including land, in accordance with its fourth comprehensive special business plan.

https://www.nttdata.com/global/en/news/press-release/2023/december/ntt-global-data-centers-japan-and-tepco-power-grid-to-establish-a-new-company