JFE Holdings Signs Second MOU With Mitsubishi For Japan Power, Data Center Project
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JFE Holdings and Mitsubishi Corp. have signed a second memorandum of understanding to advance a joint power and data center project in Japan's Ohgishima area. This follows an initial agreement in March 2025 to assess feasibility. The project aims to establish a data center powered by a 190 MW plant, with operations expected to begin in fiscal year 2031. The initiative seeks to address rising data center demand and promote sustainable energy solutions, including a hydrogen hub.
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