The global data center sector is estimated to account for around 416 terawatts, equivalent to roughly 3% of all energy needs. Southeast Asia draws a significant amount of that requirement, with energy demand increasing as new data center infrastructure is added in countries across the region.
Concerns about the environmental impact of data centers have encouraged some countries and city-states to impose restrictions on the construction of new facilities. Singapore, for example, paused new data center development in 2019. Now that moratorium has come to an end – but new data centers can only be built if they are ‘best in class in terms of resource efficiency’.
GSTechnologies (LON:GST) overall development of the group includes large customer accounts and growing their blockchain payment and financial services business, with blue sky opportunities in new Disruptive Technologies with synergy to their existing business.