The post Singapore dedicates 300 hectares on Jurong Island for data center park and green projects appeared on BitcoinEthereumNews.com. Singapore’s industrial powerhouse Jurong Island is making a major shift toward sustainability, dedicating nearly 300 hectares of land – roughly 10 percent of the entire island – to clean energy projects and green technologies. The massive transformation was announced Sunday by the JTC Corporation and Economic Development Board during the Singapore International Energy Week conference. The allocated space, equivalent to more than 400 football fields, will house new energy solutions, including hydrogen and ammonia-powered facilities. Additionally, the island will become home to Singapore’s biggest low-carbon data center park, with 20 hectares set aside specifically for this purpose. This area, about the size of 25 football fields, can support up to 700 megawatts of power capacity for computing facilities. Minister Tan See Leng, who oversees energy and science policy, told attendees that specialty chemical companies are showing growing interest in expanding their Singapore operations. This trend reflects rising regional demand for higher-quality products. “Jurong Island will be a global test bed for new energies and low-carbon technologies,” Dr. Tan said. He explained that these technologies include fuels like ammonia and hydrogen, which don’t release carbon dioxide when burned, plus carbon capture systems. The government plans to unveil its 2030 research and innovation strategy in 2026, aimed at significantly expanding development efforts to reduce carbon emissions across the power sector and industries. “All these efforts ensure that Jurong Island continues to be home to great firms and creates meaningful career opportunities in the growing green economy,” the minister added. New energy projects take center stage Among the planned projects is a hydrogen-ready natural gas power plant and Singapore’s first facility using imported ammonia for both electricity generation and ship refueling. Earlier this month, officials announced that Keppel is leading a group planning to import cleaner ammonia fuel and construct a power plant… The post Singapore dedicates 300 hectares on Jurong Island for data center park and green projects appeared on BitcoinEthereumNews.com. Singapore’s industrial powerhouse Jurong Island is making a major shift toward sustainability, dedicating nearly 300 hectares of land – roughly 10 percent of the entire island – to clean energy projects and green technologies. The massive transformation was announced Sunday by the JTC Corporation and Economic Development Board during the Singapore International Energy Week conference. The allocated space, equivalent to more than 400 football fields, will house new energy solutions, including hydrogen and ammonia-powered facilities. Additionally, the island will become home to Singapore’s biggest low-carbon data center park, with 20 hectares set aside specifically for this purpose. This area, about the size of 25 football fields, can support up to 700 megawatts of power capacity for computing facilities. Minister Tan See Leng, who oversees energy and science policy, told attendees that specialty chemical companies are showing growing interest in expanding their Singapore operations. This trend reflects rising regional demand for higher-quality products. “Jurong Island will be a global test bed for new energies and low-carbon technologies,” Dr. Tan said. He explained that these technologies include fuels like ammonia and hydrogen, which don’t release carbon dioxide when burned, plus carbon capture systems. The government plans to unveil its 2030 research and innovation strategy in 2026, aimed at significantly expanding development efforts to reduce carbon emissions across the power sector and industries. “All these efforts ensure that Jurong Island continues to be home to great firms and creates meaningful career opportunities in the growing green economy,” the minister added. New energy projects take center stage Among the planned projects is a hydrogen-ready natural gas power plant and Singapore’s first facility using imported ammonia for both electricity generation and ship refueling. Earlier this month, officials announced that Keppel is leading a group planning to import cleaner ammonia fuel and construct a power plant…

Singapore dedicates 300 hectares on Jurong Island for data center park and green projects

2025/10/28 14:04

Singapore’s industrial powerhouse Jurong Island is making a major shift toward sustainability, dedicating nearly 300 hectares of land – roughly 10 percent of the entire island – to clean energy projects and green technologies.

The massive transformation was announced Sunday by the JTC Corporation and Economic Development Board during the Singapore International Energy Week conference. The allocated space, equivalent to more than 400 football fields, will house new energy solutions, including hydrogen and ammonia-powered facilities.

Additionally, the island will become home to Singapore’s biggest low-carbon data center park, with 20 hectares set aside specifically for this purpose. This area, about the size of 25 football fields, can support up to 700 megawatts of power capacity for computing facilities.

Minister Tan See Leng, who oversees energy and science policy, told attendees that specialty chemical companies are showing growing interest in expanding their Singapore operations. This trend reflects rising regional demand for higher-quality products.

“Jurong Island will be a global test bed for new energies and low-carbon technologies,” Dr. Tan said. He explained that these technologies include fuels like ammonia and hydrogen, which don’t release carbon dioxide when burned, plus carbon capture systems.

The government plans to unveil its 2030 research and innovation strategy in 2026, aimed at significantly expanding development efforts to reduce carbon emissions across the power sector and industries.

“All these efforts ensure that Jurong Island continues to be home to great firms and creates meaningful career opportunities in the growing green economy,” the minister added.

New energy projects take center stage

Among the planned projects is a hydrogen-ready natural gas power plant and Singapore’s first facility using imported ammonia for both electricity generation and ship refueling. Earlier this month, officials announced that Keppel is leading a group planning to import cleaner ammonia fuel and construct a power plant producing up to 65 megawatts of electricity. This output could power more than 90,000 four-room public housing apartments for an entire year.

The designated areas for data centers and new energy projects are mainly located in the island’s southwest and northwest sections, with some portions still containing forests.

The transformation comes at a critical time. About one-third of Singapore’s greenhouse gas emissions originate from the refining and petrochemicals sector, which employs over 27,000 people across more than 100 companies on Jurong Island.

The global petrochemical industry faces challenges from oversupply and stricter climate rules. Government officials say these regulations and growing demand for sustainable products are speeding up decarbonization efforts.

“With its integrated ecosystem and strong industry base, Jurong Island is well positioned to be a premier test bed for developing, piloting and scaling new energies and low-carbon technologies,” the agencies stated.

Data center expansion drives green infrastructure

For the data center park, operators can tap into the island’s existing infrastructure, including shared energy storage systems and utilities, along with emerging clean energy sources. Singapore currently operates more than 70 data centers.

In 2024, the city-state announced plans to boost data center capacity by over one-third to meet growing computing demands driven by artificial intelligence development. However, new data center operators must increasingly adopt green practices, as these facilities consume massive amounts of electricity and water.

At least 300 megawatts of data center capacity will be added across Singapore in coming years, with additional capacity for operators using green energy. Facilities can reduce their environmental impact by using energy-efficient equipment, adopting low-carbon fuels like ammonia, and safely raising operating temperatures to 26 degrees Celsius to cut air-conditioning energy use.

Next year marks 25 years since Jurong Island’s creation. In 2021, authorities launched a plan to transform the island into a sustainable energy and chemicals hub, setting 2030 targets for increasing sustainable goods production, improving energy efficiency at local refineries and crackers, and implementing carbon capture technology.

Providing a progress update, JTC and EDB reported that sustainable product output has risen 1.4 times above 2019 levels, putting Singapore on track to achieve a 1.5 times increase by 2030.

Examples include French company Arkema’s polymers made from castor beans and Japanese firm Kuraray’s recyclable food packaging material starting production in 2026.

Since 2021, EDB has granted funding to 35 industry projects through the Resource Efficiency Grant for Emissions program. Companies including German chemicals manufacturer Evonik, US oil giant ExxonMobil, Linde and Air Liquide received awards for projects exploring energy efficiency and decarbonization solutions.

These 35 projects are expected to reduce more than 340 kilotonnes of carbon dioxide annually when completed – equivalent to removing 80,000 cars from roads.

If you’re reading this, you’re already ahead. Stay there with our newsletter.

Source: https://www.cryptopolitan.com/singapore-asias-largest-green-data-center/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Apple Pay available for crypto-fiat disbursements

Apple Pay available for crypto-fiat disbursements

The post Apple Pay available for crypto-fiat disbursements appeared on BitcoinEthereumNews.com. Unlimit, the global fintech founded in 2009, has announced a development set to change the landscape of digital payments in Europe: the integration of Apple Pay for disbursements. Thanks to this innovation, Unlimit’s business partners can offer their retail customers the ability to easily and immediately convert their cryptocurrencies into fiat currency, marking a decisive step towards accessibility and mass adoption of Web3. The integration of the Apple Pay Transfer Funds API into the Unlimit platform allows users to seamlessly transfer fiat funds to eligible Apple Pay cards, after converting their digital assets. This solution provides a concrete response to the growing demand for reliable and intuitive tools for transitioning between cryptocurrencies and traditional money. A secure, private, and immediate user experience With this new feature, Apple users can access their funds easily, securely, and privately after converting from crypto to fiat. Unlimit, collaborating with major pilot partners including leading crypto wallet providers, thus opens the doors of the cryptocurrency world to the average consumer, breaking down the barriers that have so far limited the widespread adoption of these tools. Wolf Ruzicka, Chief Commercial Officer of Unlimit, emphasizes how the rapid growth of digital asset adoption in Europe makes it increasingly essential to have reliable and user-friendly off-ramp solutions. “Users expect to be able to convert their assets into traditional currency at any time,” states Ruzicka. “By offering Apple Pay for disbursements, we are providing even more innovative and seamless services to consumers.” A cutting-edge platform for the crypto ecosystem Unlimit’s crypto solution allows users to utilize over 1,000 payment methods to access leading tokens, wallets, and DeFi dApps DeFi. The platform integrates an on- and off-ramp fiat system with the world’s largest internal payment infrastructure, offering services ranging from payment processing to multi-currency accounts, up to Banking-as-a-Service (BaaS) solutions.…
Share
2025/10/29 05:47
Ondo Finance Launches USDY Yieldcoin on Stellar, Bringing Tokenized U.S. Treasuries to Users

Ondo Finance Launches USDY Yieldcoin on Stellar, Bringing Tokenized U.S. Treasuries to Users

Ondo Finance, a U.S.-based digital asset firm specializing in bringing traditional financial products on-chain through tokenization, is expanding its yieldcoin USDY to the Stellar network. This lates update marks a step forward in merging tokenized real-world assets with a global payments infrastructure, unlocking new opportunities for users worldwide. The announcement was made at the Stellar Meridian event in Copacabana, Rio de Janeiro, on September 17. USDY Joins the Stellar Ecosystem Ondo Finance, a recognized leader in tokenized real-world assets, announced the deployment of United States Dollar Yield (USDY) on Stellar, the payments-focused blockchain known for speed and low transaction costs. USDY is the most widely available “yieldcoin,” offering investors access to onchain assets backed by U.S. Treasuries. This launch allows Stellar’s global user base to tap into permissionless, yield-bearing assets tied to one of the safest financial instruments in the world. It also aligns with Stellar’s mission of driving fast, affordable cross-border payments. Combining Yield with Payments Infrastructure “Stablecoins unlocked global access to the U.S. dollar. With USDY, we’re taking the next step by bringing U.S. Treasuries onchain in a form that combines stability, liquidity, and yield,” said Ian De Bode, Chief Strategy Officer at Ondo Finance. “Fast, affordable cross-border payments are at the center of what Stellar was designed to do. The global reach of the Stellar ecosystem combined with a yield-bearing asset like USDY levels up what is possible onchain, allowing wallets and businesses to offer yield opportunities to their users,” said Denelle Dixon, CEO of the Stellar Development Foundation. Ondo claims by pairing USDY with Stellar’s infrastructure, new possibilities open up in treasury management, collateralization, and everyday financial applications. Unlocking Institutional and Retail Use Cases USDY currently manages over $650 million in total value locked (TVL) across nine blockchains and offers a 5.3% APY. By launching on Stellar, Ondo Finance extends these benefits to global retail and institutional users. The firm explains balances on Stellar can now become productive, supporting use cases such as onchain savings, institutional treasury strategies, cost-efficient collateral for DeFi protocols, and remittance flows that carry yield rather than remaining static. A Milestone for Tokenized Treasuries With the integration of USDY, Stellar users gain more than just access to stable-value assets—they gain access to institutional-grade yield. For investors outside the U.S., the launch represents a new way to combine the safety of Treasuries with the accessibility of blockchain technology. As tokenization accelerates globally, Ondo Finance’s decision to deploy USDY on Stellar reinforces the narrative that blockchain is not just about speculation, but about reimagining the global financial system through secure, yield-bearing digital assets
Share
2025/09/18 00:46