Tag: Japan

BusinessEnergyTechnology

Stack Infrastructure Lands $247 Million Green Loan for Tokyo Data Center Expansion

Stack Infrastructure has secured a major green financing package worth $247.7 million to develop its TKY01 data center campus in Greater Tokyo. The facility’s first phase is scheduled to come online in 2025, with full capacity expected by 2027, according to company reports.

Major Green Financing for Tokyo Data Center

Stack Infrastructure has reportedly secured a substantial 39.7 billion yen ($247.7 million) green financing package to develop its new data center campus in Japan’s capital city, Tokyo. According to reports, this funding will support the construction of the company’s TKY01 campus located in Inzai, within the Greater Tokyo Area.

by Harlow Wesley
BusinessEnergyTechnology

Japan Warns of Economic Fallout from Potential Russian LNG Supply Shift

Japan faces significant economic challenges if forced to replace Russian LNG supplies from the Sakhalin-2 project, according to government officials. Industry Minister Ryosei Akazawa warned that alternative procurement would cause electricity prices to surge. The comments come amid U.S. pressure to reduce energy purchases from Russia.

Energy Security Concerns

Japan’s liquefied natural gas supplies from Russia’s Sakhalin-2 project play an “extremely important role” in the nation’s energy security, according to reports from the industry ministry. Industry Minister Ryosei Akazawa stated that replacing these supplies would be costly and would likely cause higher electricity prices for Japanese consumers.

by Owen Holt