UK-based digital infrastructure startup Lake Parime plans to build a 10MW data centre near Clyde, in the South Island.
The South Island is soon set to have excess power as the huge Tiwai aluminium smelter plant closes in 2024. Contact Energy is looking to sign 300MW of power deals to make up for the loss.
Data Centers require a lot of power, especially for high-performance computing applications like machine learning, visualization, modelling, blockchain and cryptocurrency.
Contact Energy has already signed a deal with Datagrid to build a 60MW datacenter which will eventually grow to 100MW.
The Lake Parime project is still waiting for final approval, however, at this stage is expected to go live in 2024.
