Search results for GS Wind Power
Games & Commerce
Naver seeks investment in 216 MW solar project to secure power for data centres
Naver is seeking a stake investment and a long-term power purchase agreement for a 216 MW solar power project to meet electricity demand from its AI and cloud data centres. The company signed an MOU with Asian renewable energy developer Gurin Energy to secure renewable power for data centres. The companies will discuss investment size and purchase terms, aiming to sign a definitive agreement by year-end.
Games & Commerce
Naver pivots from search to AI infrastructure with \'AI factory\' push
Naver is positioning AI infrastructure as a new growth pillar, moving beyond domestic search, shopping and advertising into B2B infrastructure aimed at global AI computing demand. Its core project is an “AI factory” 추진 with Nvidia. Plans call for ramping capacity from 55MW in the first half of next year to 200MW by end-2028, with a long-term goal of 1GW. Key hurdles include long-term customer contracts, funding, power and sites, and technology-change risks.
Games & Commerce
Naver to buy 30 percent stake in GS Wind Power, signs 25-year direct PPA
Naver said on Tuesday it will acquire a 30 percent stake in GS Wind Power and sign a direct renewable power purchase agreement. The deal is the first case in South Korea in which a RE100 member invests directly in a renewable power generation company to secure energy. The wind farm under construction in Yeongyang, North Gyeongsang Province is to supply electricity to Naver’s Sejong and Chuncheon data centres from commercial operations starting in the first half of 2028.