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.