Data Centre News Asia - 7 July News

They are crashing in on the data center boom.

Latest news from Neocloud Furbus.

These guys are always fun for a big numbers story.

600 megawatts of energy supply agreement in South Australia.

This is part of the project Southgate, which I think was Simon OpenAI.

Is that right?

Yeah, there's a lot going on here.

So yeah, as you mentioned, 600 megawatt energy supply agreement with Gunver Group in South Australia, which is made up of renewable energy generation, 1.2 gigs, and then at 1.5 gigawatt hours of new battery storage.

So it's additionality story what's also interesting in actually just reading through the report was firmus has agreed to a demand response commitment under which firmus will reduce its electricity consumption by up to 220 hours yearly when wholesale electricity price exceed thresholds this is pretty interesting because there's not too many of these arrangements in place to the best of my knowledge so essentially at peak times and to control pricing they will turn their load down

Yeah, demand response is exciting technology.

It's normally a kind of software-based solution where you're able to read the amount of demand.

It's often used by the grid operators, I should say.

So when the demand is higher or lower, they can forecast more accurately.

And apparently it's one of the use cases of AI is demand response.

But yeah, seeing this coming from an off-taker of power and off-taker, I guess, from grid perspective is interesting and is a bit different.

I think it's another exciting pioneering project that we're seeing in Australia.

Yeah, pretty cool overall, massive battery deployment.

So that'll be good business for someone as well.

And yeah, this is one of the first stages of Project Southgate.

They're much touted.

There's 90 megawatts at the first stage, isn't it? And that should be sometime this year.

That's the Tasmania project you're referring to.

Yeah, I think that's due to come online in 2026.

Is that

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