Hanwha Energy to Invest $1.45 Billion in AI Data Center in Texas
Hanwha Energy Corp. is set to invest $1.45 billion in a 200 MW AI data center in Texas, targeting eco-friendly energy solutions for major tech companies. Construction will begin in 2025, with projected sales of 10 trillion won over the next 20 years, as demand for AI operations drives Texas's data center capacity to exceed 40 GW by 2028.
Theia Market Signal Identification - AI Assisted
Hanwha Energy Corp. plans to invest $1.45 billion to build a 200 MW AI data center in Texas, aiming to cater to big tech companies seeking eco-friendly energy. Construction is set to begin in 2025, with expected sales of 10 trillion won over 20 years. Texas is projected to exceed 40 GW in data center capacity by 2028, as demand grows for AI operations, pushing companies to invest in onsite power generation to meet energy needs.
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