{"id":107704,"date":"2025-02-12T19:24:27","date_gmt":"2025-02-12T17:24:27","guid":{"rendered":"https:\/\/www.csregypt.com\/?p=107704"},"modified":"2025-02-12T19:24:27","modified_gmt":"2025-02-12T17:24:27","slug":"neoms-first-net-zero-ai-data-center-to-be-operational-by-2028-5bn-initial-investments-of-phase-1","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/neoms-first-net-zero-ai-data-center-to-be-operational-by-2028-5bn-initial-investments-of-phase-1\/","title":{"rendered":"NEOM\u2019s first net-zero AI data center to be operational by 2028..$5bn initial investments of phase 1"},"content":{"rendered":"

The first net-zero AI Data Center in NEOM<\/a>, the sustainable region taking shape in northwest Saudi Arabia, is expected to be operational by 2028 with $ 5 billion initial investments allocated for the first phase.<\/p>\n

NEOM and DataVolt<\/a>, a Saudi-based international developer, investor and operator of data centers, have signed a landmark agreement, marking a significant step toward realizing the Kingdom\u2019s vision for a sustainable, data-driven economy.<\/p>\n

As part of the agreement, Oxagon, NEOM’s reimagined industrial city on the Red Sea, will lease DataVolt the land for the development of the facility and provide the sustainable data center operator with infrastructure support. The ambition is for the facility to be entirely powered by renewable energy, providing a fully integrated, end-to-end data center solution. The project will utilize advanced cooling technologies and is designed to operate at net zero, addressing the global challenges of power availability and the carbon footprint posed by data centers.<\/p>\n

Oxagon\u2019s strategic location on the Red Sea coast, combined with access to sub-sea cables providing fiber connectivity, alongside cost-competitive renewable energy, green hydrogen, and a rapidly expanding industrial ecosystem, makes it the ideal location for DataVolt to develop a large-scale green AI factory.<\/p>\n

The development will take a phased approach. Aligning with Oxagon\u2019s ambition, the 1.5-gigawatt factory will integrate a wide range of computing densities and energy-efficient architectures to address the global challenges posed by traditional data centers.<\/p>\n

According to the International Energy Agency (IEA), data centers currently consume between 1 to 1.3 percent of global electricity demand. With the advancements of generative AI, power consumption is expected to grow exponentially over the next decade. The energy-intensive nature of data centers and the cumulative impact of associated carbon emissions necessitate a rapid need for transition to clean sustainable solutions.<\/p>\n

Commenting on the landmark announcement, Vishal Wanchoo, CEO of Oxagon, said\u00a0\u201cThe Kingdom is at the forefront of the global energy transition. At Oxagon, we are accelerating a renewable energy industrial ecosystem that is set to power businesses with green energy and technology solutions. The agreement with DataVolt highlights the potential impact of the sustainable infrastructure Oxagon offers its tenants and sets the foundations for the first green-AI workload to come on-stream in KSA along with the necessary computing power for regional and global impact.\u201d<\/p>\n

Rajit Nanda, CEO of DataVolt, added\u00a0\u201cThis agreement with NEOM and Oxagon underscores our unwavering commitment to support the Kingdom’s vision of becoming a regional digital and AI hub. The Kingdom\u2019s strategic location, coupled with its abundant green energy resources, aligns perfectly with DataVolt\u2019s mission in providing state-of-the-art sustainable data centers. This project marks a significant milestone in advancing the Kingdom\u2019s leadership as a digital powerhouse in the region.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The first net-zero AI Data Center in NEOM, the sustainable region taking shape in northwest Saudi Arabia, is expected to be operational by 2028 with $ 5 billion initial investments allocated for the first phase. NEOM and DataVolt, a Saudi-based international developer, investor and operator of data centers, have signed a landmark agreement, marking a […]<\/p>\n","protected":false},"author":410,"featured_media":107707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6030],"tags":[17689,17688,8938,11614],"yoast_head":"\nNEOM\u2019s first net-zero AI data center to be operational by 2028..$5bn initial investments of phase 1 - Csr Egypt<\/title>\n<meta name=\"description\" content=\"The first net-zero AI Data Center in NEOM is expected to be operational by 2028 with $ 5 bn initial investments allocated for the first phase.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/csregypt.com\/en\/neoms-first-net-zero-ai-data-center-to-be-operational-by-2028-5bn-initial-investments-of-phase-1\/\" \/>\n<meta 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