News

Scale: 1GW campus with 500MW of onsite solar power

The 1GW AI data centre and innovation campus facility in Croatia will be powered by a 500MW solar farm built onsite at the data centre, with connections to Croatia's national grid. Construction will begin in 2027 with launch slated for 2029.

Companies involved: Data4; EDF
Status: Signed allocation contract
Scale: 40 MW nuclear power
Length: 12 years (from 2026)
Announced: September 4, 2025

The deal is a nuclear production allocation contract, so while not strictly net-new power, it is an example of a data centre developer negotiating directly with power suppliers for a specific slice of power generation over a long time horizon. Data4 is an example of a DC developer moving aggressively into power diversification, with previous solar and wind-based PPAs signed with French generators in 2024.

Companies involved: Equinix; ULC-Energy
Status: Letter of Intent
Scale: Up to 250 MWe next-gen nuclear PPA
Length: Long-term framework
Announced: August 14, 2025

One of the first deals in the European market to specifically focus on small modular reactor (SMR)-generated power. ULC-Energy signed its own deal with Rolls-Royce in 2022 to develop SMR technology. This Equinix-ULC-Energy deal is an example of a data centre operator specifically looking to diversify the power sources to their data centres.

Companies involved: Iberdrola; Echelon Data Centres
Status: Signed joint venture
Scale: 230 MW electricity connection + planned on-site solar (approx.)
Length: Long-term JV development
Announced: July 28, 2025

The largest DC-power company agreement in Europe at the time. Iperdrola will hold a 20% stake in the data centres through the joint venture, the first time in Europe that a utility provider has gained a financial stake in a DC project rather than just powering it.

Companies involved: CyrusOne; E.ON
Status: Signed preferred partnership
Scale: ~61 MW localized generation plan
Length: Multi-year implementation (target ~2029)
Announced: June 2025

This partnership develops 61MW of onsite generation for FRA07 in Griesheim, complementing the existing grid-based supply.

Companies involved: Data4; Westinghouse Electric
Status: MoU (exploratory)
Scale: To be determined (AP300 SMR evaluation)
Length: Exploratory / evaluation stage
Announced: March 11, 2025

A MoU to provide small modular reactors to Data4's European projects. Currently at a very early stage, with the SMRs expected to be operational in the early 2030s.

Status: Signed agreement
Scale: 9GW
Power type: Natural gas

The proposed Stratos campus will be supplied by dedicated natural gas generation connected directly to the Ruby Pipeline which will power onsite generators, enabling the data centre to operate off‑grid and bypass utility capacity constraints. The project is currently making its way through various rounds of state approval.

Status: Signed agreement
Scale: 1GW
Power type: Solar

One of the few examples of space-based opwer and processing resulting in a deal, this partnership between Meta and Overview Energy aims to provide up to 1GW of capacity. The technology is at an early stage, with development and testing currently underway with a view to orbital demonstration in 2028, and energy supply by 2030.

Status: Supply contract
Scale: 135MW
Power type: Natural gas
Announced: 22 April 2026

This two-and-a-half-year agreement between Certarus (a subsidiary of Superior Plus) and an unnamed data centre operator supports a site currently under development at an undisclosed location, with operations expected to commence in mid-2027. The project relies on Certarus’ “virtual pipeline” model, using around 200 CNG transport trailers alongside mobile compression and pressure reduction systems to deliver fuel without requiring permanent pipeline infrastructure.

Status: Supply agreement
Scale: Up to 1GW
Power type: Solid oxide fuel cells
Announced: 21 April 2026

Noon Energy will supply energy storage systems to Meta's data centre projects in a phased pattern, with an initial 25MW due for delivery in 2028. Noon offers modular solid oxide fuel cells for long-term battery energy deployment to data centres. The agreement marks Noon Energy's first commercial deployment of the technology, which the company claims can deliver up to 200 hours of storage.

Status: Expansion of an initial agreement
Scale: Initial 1.2GW agreement extended to 2.8GW
Power type: Solid oxide fuel cells
Announced: 13 April 2026

One of the largest deals in the sector in 2026 so far, this tie-up represents an expansion on an initial agreement between the two companies to deliver 2.8GW of fuel cells to Oracle data centres. Delivery is already underway. The deal follows a similar tie-up with Equinix in early 2025.

Status: Letter of Intent
Scale: Proposed 100MW data centre
Power type: Natural gas, hydrogen, potential other renewable
Announced: 8 April 2026

Vancouver-based Global Power Solutions, a develop of hydrogen systems, signed a lteer of intent to examine developing decentralised power infrastructure for an upcoming 100MW data centre campus development. The project is at a very early stage, with no site yet selected for the data centre development. The power system would be based on modular systems that can either contribute to the grid or operate independently of it.

Companies involved: Nodiac Corp, PowerBank
Status: Acquisition
Scale: 150MW of renewable power
Length: N/A
Announced: April 2026

This deal is an example of data centre companies entering directly into the M&A space in power, with the DC operator spending $53m to buy the 150MW wind farm outright - betting on owning power rather than purchasing it.

Companies involved: Nodiac Corp, PowerBank
Status: Letter of intent
Scale: TBC
Length: Unconfirmed
Announced: April 2026

The two companies agree a letter of intent for PowerBank to supply its solar and battery sites as possible co-locations for modular data centres - one of the first examples of digital infrastructure locating itself exactly where existing energy infrastructure is hosted, rather than close to it on the grid. Nodiac as a company bases itself on this model, calling it 'speed to power'.

Companies involved: Energy Dome and New Era Energy & Digital
Status: MOA
Scale: TBC
Length: Unconfirmed
Announced: April 6, 2026

This deal centres on NUAI deploying Energy Dome's CO2 Battery Plus technology at its planned 1GW facility in Odessa, Texas. The technology is used in combination with gas-fired generation to combine energy storage with waste heat recovery, storing and compressing the CO2 emitted and using it for energy.

Companies involved: NextEra; unconfirmed data centre company
Status: Land purchase
Scale: 5GW
Length: Unconfirmed
Announced: March 2026

At a very early stage, this deal involves NextEra securing the land to build a gas-fired power plant specifically for a data centre campus. The deal follows federal approval of 10GW of gas power in Pennsylvania and Texas earmarked specifically for data centre capacity.

Companies involved: Crusoe, Form Energy
Status: Strategic Partnership
Scale: 65GwH
Length: Unconfirmed
Announced: March 2026

With the partnership to commence from 2027 onwards, this deal sees Form Energy supply 12GWH of iron-air battery solutions to Crusoe's AI data centres.

Companies involved: Crusoe, Redwood Materials
Status: Strategic Partnership
Scale: 20MW
Length: Unconfirmed
Announced: March 2026

This deal expands on an earlier deployment of a microgrid system at one of Crusoe's modular data centres, with deployment expanding to 24 sites. The microgrid system works on a combination of solar panels and repurposed electric vehicle batteries.

Companies involved: Iron Mountain; Calibrant
Status: Partnership announced
Scale: 23 MW BESS + 7.2 MW rooftop solar
Length: Long-term on-site deployment
Announced: February 2026

Iron Mountain partnered with Calibrant to deploy a 23 MW battery system alongside a 7.2 MW rooftop solar installation. The combination provides firm, on-site capacity that reduces grid dependence and supports incremental load growth.

Companies involved: Meta, Oklo
Status: Signed agreement
Scale: 1.2 GW nuclear power campus
Announced: January 2026

This agreements involves Meta funding the intitial project costs of Okla's Aurora deployment in Ohio, delivering 1.2 GW of dedicated behind-the-meter power. The purchase of the land was facilitated by a local non-profit organisation in Ohio that reuses land to encourage local development, making the project an example of how engaging local organisations and structures early in the build process can bring local communities onside rather than pitting against them.

Companies involved: Aligned Data Centers; Calibrant; Portland General Electric; Gridcare
Status: Partnership announced
Scale: 31 MW battery energy storage system
Length: Long-term infrastructure deployment
Announced: October 2025

This project marked the first U.S. deployment of a battery system purpose-built to accelerate data center interconnection. The 31 MW BESS enables Aligned’s facility to come online faster by unlocking underutilised grid capacity identified using Gridcare’s AI tools.

Companies involved: CyrusOne; Ameresco
Status: Signed agreement
Scale: ~100 MW on-site microgrid
Length: Long-term energy services contract
Announced: September 2025

Ameresco will develop a 100 MW on-site microgrid for CyrusOne, combining firm generation and advanced energy management. The project supports new AI workloads without waiting for regional grid reinforcement.

Companies involved: Homer City Redevelopment; Kiewit; Knighthead Capital
Status: Development partnership announced
Scale: Up to 4.5 GW natural gas generation
Length: Long-term redevelopment project
Announced: August 2025

A former coal-fired power station in Pennsylvania is being redeveloped into a gas-powered AI data center campus. The project repurposes legacy energy infrastructure to deliver large volumes of net-new power directly alongside compute.

Companies involved: AEP Ohio; Bloom Energy; Amazon Web Services; Cologix
Status: Public Utilities Commission approved
Scale: Undisclosed MW on-site fuel cell generation
Length: 6-year (AWS) and 15-year (Cologix) contracts
Announced: May 2025

AEP Ohio received regulatory approval to deploy Bloom Energy solid-oxide fuel cells directly at AWS and Cologix data centers. The systems add new on-site generation, enabling expansion without drawing additional capacity from an already constrained regional grid.

Companies involved: Crusoe; Engine No. 1; Chevron; GE Vernova
Status: Joint venture secured
Scale: Up to 4.5 GW natural gas generation
Length: Long-term power access
Announced: March 17, 2025

Crusoe secured access to multi-gigawatt gas generation through a joint venture with Engine No. 1, using seven GE Vernova turbines purchased alongside Chevron. Power is delivered directly to co-located AI data center campuses, bypassing transmission constraints.

Companies involved: Vantage Data Centers; VoltaGrid
Status: Signed strategic partnership
Scale: >1 GW on-site gas microgrid capacity
Length: Multi-site, multi-year deployment
Announced: February 11, 2025

This partnership formalised a portfolio-wide approach to on-site power. VoltaGrid will deploy over 1 GW of rapidly installable gas microgrids across Vantage’s North American campuses, targeting constrained markets where grid timelines no longer match AI demand.

Companies involved: Meta; Entergy Louisiana
Status: Utility-led generation build approved
Scale: 2.26 GW combined-cycle natural gas generation
Length: Long-term utility service arrangement
Announced: December 2024

Meta’s $10bn Richland Parish AI campus triggered the construction of three new combined-cycle gas plants by Entergy Louisiana. Rather than relying on offsets or existing supply, the project adds large-scale net-new generation to support Meta’s growing compute footprint.

Companies involved: ExxonMobil; undisclosed data center customers
Status: Project in development
Scale: ~1.5 GW per gas plant (design phase)
Length: Long-term bilateral supply model
Announced: December 2024

ExxonMobil revealed plans to build large, off-grid natural gas power plants dedicated to serving data centers, paired with carbon capture technology. The facilities are designed to operate independently of the grid, accelerating deployment while delivering firm, net-new capacity.

Companies involved: xAI; VoltaGrid
Status: Deployed on-site generation contract
Scale: ~35–70 MW initial on-site gas generation
Length: Interim deployment with expansion potential
Announced: June 2024

VoltaGrid deployed mobile natural gas generators directly at xAI’s Colossus AI supercomputer campus in Memphis, allowing the site to come online in months rather than years. The project quickly became a reference point for “speed-to-power” strategies, showing how on-site generation can bypass grid queues entirely.

Companies involved: Casa dos Ventos and Ascenty
Status: Signed partnership
Scale: 110 MWm, 1.5GW installed capacity
Length: 2027 onwards
Announced: February 2026

The largest renewable energy contract for data centres in Latin America. Casa dos Ventos is a renewable-only company and will avoid 5 million tonnes of CO2 emissions annually.

Status: MoU
Power type: Biomethane
Announced: April 16, 2026

At a relatively early stage, this deal between national telco Telkom Indonesia and gas distributor Perusahaan Gas Negara will examine the use of biomethane to power Indonesian data centres, using waste from indonesia's huge palm oil industry to generate the gas. Biomethane is also in the data centre power pipeline in other markets, with PGN sining a similar deal in Singapore in late 2025 and the UK's first unsubsidised biomethane plant opening in the same year, with data centre power supply in its sights.

Companies involved: LS Electric
Status: MoU
Scale: $70m deal
Length: Multi-year
Announced: April 6, 2026

The Korean company LS Electric sealed a deal to supply 345-KV transformers for a microgrid intended to supply a central US data centre project. The actual data centre power deal is at an early stage, with delivery of the units expected in the first half of 2028.

Companies involved: Yovole International and Greenlyzer Materials
Status: MoU
Scale: Unknown
Length: Multi-year
Announced: March 6, 2026

The MoU involves developing a hydrogen-powered mobile grid system for data centres in Singapore. The work is at a very early stage.

Companies involved: Inuverse; FuelCell Energy
Status: Signed Memorandum of Understanding (MoU)
Scale: Up to 100MW fuel cell-based power (phased)
Length: Phased increments starting in 2027 (term not disclosed)
Announced: July 10, 2025

The first FuelCell Energy deal with a data centre customer.

Companies involved: DayOne Data Centers; Tenaga Nasional Berhad (TNB); TNB Renewables
Status: Signed CRESS agreement / Bilateral Energy Supply Contract framework
Scale: Up to 500MW renewable energy (solar-backed)
Length: 21-year term
Announced: June 12, 2025

Malaysia’s first CRESS agreement, this deal enables up to 500MW of renewable energy backed by new solar generation.

Companies involved: Keppel; Woodside Energy
Status: Signed conditional offtake term sheet
Scale: Not disclosed (liquid hydrogen supply)
Length: Term sheet; potential supply from ~2030
Announced: October 21, 2024

Keppel and Woodside signed a conditional term sheet for liquid hydrogen supply aimed at powering Keppel’s data centres in Singapore.