Banpu NEXT, a subsidiary of Banpu – a leading smart energy solutions provider in APAC – together with Evolution Data Centres (EDC), a leading data centre provider, have joined forces to provide smart energy solutions for EDC’s data centres in Thailand and Vietnam.
This will also contribute to the economic growth of both countries and address the rising demand for cloud computing and data centre capacity in the region. This agreement underlines both parties’ commitment to a future net zero society.
The hyperscale data centre market in the APAC region is projected to expand at a CAGR of 10.21% from 2024 to 2029, with growth largely driven by the burgeoning cloud computing industry, which is seeing increased demand for Artificial Intelligence (AI) applications. Data centre demand in Thailand is expected to experience a CAGR of 27% between 2021 and 2026.
The partnership between Banpu NEXT and EDC will deliver environmentally friendlier data centres to support the growth of Thailand’s digital economy.
In Vietnam, the data centre industry is supporting the country’s economic growth, in line with the government’s direction for the digital economy to account for 25% of GDP by 2025. Data centre growth is forecast to be 37% CAGR between 2021 and 2026. Both countries are forecast to become strategic locations for international investors searching for ASEAN emerging hubs that have advanced infrastructure including power distribution, fibre networks, green energy and transportation systems.
In the future, Banpu NEXT plans to implement other smart energy solutions to further improve EDC’s data centres’ energy efficiency. These include the potential for energy storage systems as well as energy management services such as cooling systems.
