According to its official announcement, Desai Real Estate (00199) has entered into a memorandum of cooperation with the Yangkou Port Economic Development Zone in Jiangsu Province to develop a green AI computing infrastructure facility. The project is planned with a total IT load capacity of 1GW, with the first phase targeting approximately 200MW of green AI computing capacity to be developed over roughly five years in phases.
The facility will leverage Yangkou Port's advantages, including offshore wind power integration, LNG (liquefied natural gas) cold energy resources, and energy direct trading mechanisms. The development zone government plans to coordinate support for over 1GW of wind power installation capacity to match the project's scaling requirements.