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Deep Green gets £200M from power supplier to scale waste heat reuse

By District Energy posted 01-16-2024 10:37

  

The Register

Summary

Datacenter operator Deep Green has bagged £200 million ($254 million) from power provider Octopus Energy to help scale deployments that give municipal sites free heat in exchange for cooling its IT hardware.

Deep Green is a startup that aims to deploy more datacenters “in the community”, including as part of district heating networks or leisure center facilities such as swimming pools. The idea is that a site hosting the datacenter kit gets free heating generated by Deep Green’s servers processing data, which in turn get free cooling.

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