{"id":359465,"date":"2023-09-20T20:09:20","date_gmt":"2023-09-20T12:09:20","guid":{"rendered":"https:\/\/www.mingtiandi.com\/?p=359465"},"modified":"2023-09-21T09:51:30","modified_gmt":"2023-09-21T01:51:30","slug":"smart-power-use-key-to-apac-data-centre-success-mtd-tv","status":"publish","type":"post","link":"https:\/\/www.mingtiandi.com\/real-estate\/events\/past-events-real-estate\/smart-power-use-key-to-apac-data-centre-success-say-seraya-empyrion-mtd-tv\/","title":{"rendered":"Smart Power Use Key to APAC Data Centre Success Say Seraya, Empyrion: MTD TV"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/player.vimeo.com\/video\/866242066?h=1415c77cfa\" width=\"780\" height=\"439\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe>Keeping pace with rapidly expanding data centre demand in Asia Pacific requires expertise in running facilities efficiently and the ability to secure renewable energy, according to the top executives of Singapore startup Empyrion DC and its parent firm, Seraya Partners<\/p>\n<p>Speaking in the final segment of Mingtiandi\u2019s APAC Data Centre Forum, James Chern, managing partner and chief investment officer of Seraya Partners said he expects major hubs in the region, including Singapore, Tokyo, Seoul and Taipei to experience energy constraints over the long term, making it even more critical for data centre operators to design for efficiency and secure renewable power sources.<\/p>\n<p style=\"text-align: center;\"><a data-no-instant=\"1\" href=\"https:\/\/www.jll.com.hk\/en\/invest-in-real-estate?utm_source=mtd&#038;utm_medium=ol&#038;utm_campaign=ap-hk-cm-investor-platform-q323&#038;utm_content=set-j&#038;utm_term=780x250\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"J-780X250\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/J-780X250.gif\" alt=\"\"  width=\"780\" height=\"250\"   \/><\/a><\/p>\n<p>\u201cThe ability to bring in more power would generate more revenues, and the ability to use power efficiently would also increase your revenues so the benefit that we have is we have a big in-house engineering team,\u201d Chern said in the interview, which was sponsored by Yardi. \u201cOur goal is actually not just to create a large data centre footprint, but really the most advanced data centres, in Asia and potentially around the world.\u201d<\/p>\n<p>Established by Seraya Partners in late 2021, Empyrion DC has already established facilities in Singapore and Seoul and aims to build a regional portfolio with 300 megawatts of capacity across 10 to 12 assets within the next four to five years, the executives said.<\/p>\n<h3>Regional Expansion<\/h3>\n<p>Chern also pointed to the ability to design and develop more advanced data centres as a way to secure more clients in an increasingly competitive APAC market.<\/p>\n\n\t\t<style type=\"text\/css\">\n\t\t\t#gallery-1 {\n\t\t\t\tmargin: auto;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-item {\n\t\t\t\tfloat: left;\n\t\t\t\tmargin-top: 10px;\n\t\t\t\ttext-align: center;\n\t\t\t\twidth: 50%;\n\t\t\t}\n\t\t\t#gallery-1 img {\n\t\t\t\tborder: 2px solid #cfcfcf;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-caption {\n\t\t\t\tmargin-left: 0;\n\t\t\t}\n\t\t\t\/* see gallery_shortcode() in wp-includes\/media.php *\/\n\t\t<\/style>\n\t\t<div data-carousel-extra='{\"blog_id\":1,\"permalink\":\"https:\\\/\\\/www.mingtiandi.com\\\/real-estate\\\/events\\\/past-events-real-estate\\\/smart-power-use-key-to-apac-data-centre-success-say-seraya-empyrion-mtd-tv\\\/\"}' id='gallery-1' class='gallery galleryid-359465 gallery-columns-2 gallery-size-medium'><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/spotlight-interview-with-empyrion-dc-and-seraya-partners-2023\/attachment\/mark-fong-empyrion-dc\/'><img decoding=\"async\" data-attachment-id=\"355674\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/08\/Mark-Fong-Empyrion-DC-e1691404062379.jpg\" data-orig-size=\"633,438\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Mark Fong &#8211; Empyrion DC\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/08\/Mark-Fong-Empyrion-DC-e1691404062379-400x277.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/08\/Mark-Fong-Empyrion-DC-e1691404062379.jpg\" width=\"400\" height=\"277\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/08\/Mark-Fong-Empyrion-DC-e1691404062379-400x277.jpg\" class=\"attachment-medium size-medium\" alt=\"Mark Fong, Empyrion DC\" aria-describedby=\"gallery-1-355674\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/08\/Mark-Fong-Empyrion-DC-e1691404062379-400x277.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/08\/Mark-Fong-Empyrion-DC-e1691404062379.jpg 633w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a>\n\t\t\t<\/dt>\n\t\t\t\t<dd class='wp-caption-text gallery-caption' id='gallery-1-355674'>\n\t\t\t\tMark Fong, CEO, Empyrion DC\n\t\t\t\t<\/dd><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/attachment\/james-chern-seraya-partners-2\/'><img decoding=\"async\" data-attachment-id=\"355673\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/08\/James-Chern-Seraya-Partners-1-e1691404025958.jpg\" data-orig-size=\"633,438\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"James Chern &#8211; Seraya Partners\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/08\/James-Chern-Seraya-Partners-1-e1691404025958-400x277.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/08\/James-Chern-Seraya-Partners-1-e1691404025958.jpg\" width=\"400\" height=\"277\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/08\/James-Chern-Seraya-Partners-1-e1691404025958-400x277.jpg\" class=\"attachment-medium size-medium\" alt=\"James Chern - Seraya Partners\" aria-describedby=\"gallery-1-355673\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/08\/James-Chern-Seraya-Partners-1-e1691404025958-400x277.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/08\/James-Chern-Seraya-Partners-1-e1691404025958.jpg 633w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a>\n\t\t\t<\/dt>\n\t\t\t\t<dd class='wp-caption-text gallery-caption' id='gallery-1-355673'>\n\t\t\t\tJames Chern, Managing Partner &#038; Chief Investment Officer, Seraya Partners\n\t\t\t\t<\/dd><\/dl><br style=\"clear: both\" \/>\n\t\t<\/div>\n\n<p>\u2018If we create the most premium advanced data centres then our customers will find that we&#8217;re not just a passive facility, we can actually help make their core business more efficient and more competitive as well,\u201d the energy infrastructure veteran said.<\/p>\n<p>After acquiring a 12.5 megawatt data centre in Singapore in late 2021, in August 2022 Empyrion entered the Korean market with a <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/data-centres\/singapores-empyrion-dc-to-spend-400m-on-40mw-data-centre-project-in-seoul\/\">$400 million data centre project in Seoul\u2019s Gangnam<\/a> district, with groundbreaking for the facility held in June of this year.<\/p>\n<p>To meet growing customer demand, Empyrion DC aims to add more locations in their two existing cities while also planning to enter Japan and Taiwan, as well as emerging markets in Southeast Asia such as Thailand, Vietnam and Malaysia.<\/p>\n<p>\u201cWe&#8217;re probably six to nine months out from our number three, number four and possibly five sites in Asia,\u201d said Empyrion DC chief executive Mark Fong, who previously held senior roles with global players including Digital Realty and Equinix.<\/p>\n<h3>AI Demand Boost<\/h3>\n<p>Adding to the already brisk demand for server capacity in the region is an upswing in requirements driven by artificial intelligence, the two executives said, with Fong pointing to a sudden increase in requirements driven by AI and machine learning applications over the past few months \u2013 a trend which he expects to accelerate.<\/p>\n<p>Fong noted that the growing prominence of AI players is placing a premium on data centres able to support the high power density needed to support the computing intensive processes involved.<\/p>\n<p style=\"text-align: center;\"><a data-no-instant=\"1\" href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/oxford-ivanhoe-kic-savills-on-singapore-india-markets\/\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"14 NOVEMBER 2023 conrad centennial Singapore\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore.jpg\" alt=\"\"  srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore.jpg 780w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore-400x128.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore-640x205.jpg 640w\" sizes=\"(max-width: 780px) 100vw, 780px\" width=\"780\" height=\"250\"   \/><\/a><\/p>\n<p>To help meet the increased server rack density requirements from AI, Fong said Empyrion DC employs liquid cooling technologies and is exploring direct-to-chip cooling while also procuring additional power in other markets.<\/p>\n<p>\u201cWe&#8217;re built to support the future as opposed to having to retrofit some of our existing legacy data centres to support the new requirements,\u201d he said. \u201cSo I think there is a real opportunity for providers like us, Empyrion DC, where we are working closely with our customers in terms of technology, locations and sites that they want to be in.\u201d<\/p>\n<h3>Hydrogen Future<\/h3>\n<p>Being established as a sustainability focused regional data centre operator helps Empyrion DC to attract both hyperscalers and investors which have committed to net carbon zero targets, Chern noted.<\/p>\n<p>\u201cIt&#8217;s a huge differentiator and clearly that&#8217;s also the future of where the industry is heading. In the past, ESG and sustainability were good to have. Right now clearly it&#8217;s a must have,\u201d he said, noting that Empyrion DC\u2019s ongoing green initiatives include installation of solar panels and green walls to help with cooling its data centres.<\/p>\n<p style=\"text-align: center;\"><a data-no-instant=\"1\" href=\"https:\/\/www.mipim-asia.com\/?utm_source=mingtiandi&#038;utm_medium=barter_website&#038;utm_campaign=mipimasia2023\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"AR-607487_Mipim Asia_23_Banner Resize 780&#215;250\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/AR-607487_Mipim-Asia_23_Banner-Resize-780x250-1.jpg\" alt=\"\"  srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/AR-607487_Mipim-Asia_23_Banner-Resize-780x250-1.jpg 780w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/AR-607487_Mipim-Asia_23_Banner-Resize-780x250-1-400x128.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/AR-607487_Mipim-Asia_23_Banner-Resize-780x250-1-640x205.jpg 640w\" sizes=\"(max-width: 780px) 100vw, 780px\" width=\"780\" height=\"250\"   \/><\/a><\/p>\n<p>Chern said that Empyrion plans to tap hydrogen power for its facilities as part of their mission to become the first zero carbon data centres in the region. The former Morgan Stanley executive said the company has been working with several Dutch engineering conglomerates to make this happen.<\/p>\n<p>After setting up Empyrion DC as its first venture in 2021, Singapore-based Seraya expanded its sustainability-focused thesis by investing in an electric vehicle charging network in Taiwan which it launched in May of last year. Later in 2022 the firm followed up by establishing an offshore wind farm vessel operator in September.<\/p>\n<h3>Back to Office<\/h3>\n<p>The interview with Empyrion DC and Seraya Partners concluded Mingtiandi\u2019s APAC Data Centre Forum for this year, with nearly a thousand industry professionals having watched the five segments in the series live.<\/p>\n<p>MTD TV will return next on 19 October for Mingtiandi\u2019s third annual <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/mingtiandi-asia-office-strategies-forum-2023\/\">Office Strategies Forum<\/a>, with that event series featuring speakers from CPPIB, Phoenix Property Investors, JLL, LaSalle Investment Management and Yardi.<\/p>\n<p>Then on 14 November, Mingtiandi will hold <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/mingtiandi-singapore-focus-forum-2023\/\">its second annual Singapore Focus Forum<\/a> at the Conrad Centennial Singapore with speakers from Warburg Pincus, ESR and JLL set to take the stage\u00a0 in front of an in-person audience of more than 200 industry executives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Keeping pace with rapidly expanding data centre demand in Asia Pacific requires expertise in running facilities efficiently and the ability to secure renewable energy, according to the top executives of Singapore startup Empyrion DC and its parent firm, Seraya Partners<\/p>\n<p>&#8230;&nbsp;<a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/past-events-real-estate\/smart-power-use-key-to-apac-data-centre-success-say-seraya-empyrion-mtd-tv\/\">Read&nbsp;More>><\/a><\/p>\n","protected":false},"author":12201,"featured_media":359468,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[3456],"tags":[5382,9002,6441,8981,5359,8380,8400,8980],"ppma_author":[8848],"authors":[{"term_id":8848,"user_id":12201,"is_guest":0,"slug":"beatrice-laforga","display_name":"Beatrice Laforga","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/d4be689d8f5a82939d685df6ef171fcb?s=96&d=mm&r=g","user_url":"","last_name":"Laforga","first_name":"Beatrice","description":""}],"_links":{"self":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts\/359465"}],"collection":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/users\/12201"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/comments?post=359465"}],"version-history":[{"count":0,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts\/359465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/media\/359468"}],"wp:attachment":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/media?parent=359465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/categories?post=359465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/tags?post=359465"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/ppma_author?post=359465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}