DataVolt and The Saudi Authority for Industrial Cities and Technology Zones (MODON) have signed land lease terms for the development of a data center in Riyadh.
According to a statement, the 55,000 square meter plot is located in east Riyadh’s First Technology Park. The company said that the data center facility will be designed for advanced AI processing and will serve growing demand from hyperscalers, cloud and content providers and enterprises in Saudi Arabia.
The company claimed that it will build a sustainable data center facility with cutting-edge cooling systems and with an advanced circularity approach. The data center facility will also be powered by optimized energy solutions.
“Over many months, we have worked in collaboration with MODON to develop this project and we are proud to move forward and deliver another state-of-the-art facility,” said DataVolt CEO Rajit Nanda.
“Every step we take directly aligns with Saudi Vision 2030 and supports the government’s goal of diversification and sustainability across the economy and society as a whole,” Nanda said.
DataVolt claimed that it has developed and operated over 20GW of renewable energy assets across nine countries, deploying scalable and cost-effective solutions. The company also said that it increases operational efficiencies, reduces carbon emissions and enables customers to grow their digital footprint while meeting sustainability goals.
“The opportunity in artificial intelligence is accelerating and we are focused on both enabling AI innovation while ensuring we minimise its impact on the environment. We have the technology, expertise, and talent to deliver trusted sustainable data center facilities and ensure that society benefits from a cleaner and greener digital economy,” said Nanda.
The company said that this development is part of DataVolt’s $5 billion investment in Saudi Arabia, which supports digital infrastructure delivery.
