Global Infrastructure SherpaBridge Data Centres and Concord New Energy sign MOU to develop Singapore's first barge-based hydrogen power solution for data centres
development
Stage
Bridge Data Centres (BDC) and Concord New Energy (CNE) have signed a Memorandum of Understanding (MOU) to develop Singapore’s first barge-based hydrogen power generation model designed specifically for next-generation, AI-ready data centre campuses.
Counterparts (2)
Partner
B
Bridge Data Centres
Bridge Data Centres is a leading data centre provider in Asia, offering hyperscale and enterprise solutions. They focus on developing, owning, and operating state-of-the-art facilities across key markets in Southeast Asia and India, catering to the growing demand for digital infrastructure.
C
Concord New Energy
Concord New Energy Group Limited is a leading independent power producer (IPP) in China, specializing in the investment, development, construction, and operation of wind and solar power projects. The company also provides comprehensive technical services and smart cloud platform solutions for renewable energy assets, with a strategic focus on expanding its domestic and international footprint.
Deal Analysis
Bridge Data Centres (BDC) and Concord New Energy (CNE) have announced a strategic partnership through a Memorandum of Understanding (MOU) to develop Singapore's first barge-based hydrogen power generation model. This innovative solution is specifically designed to power next-generation, AI-ready data centre campuses in Singapore. The collaboration marks a significant step towards sustainable and scalable energy solutions for the rapidly expanding data centre sector.
This partnership is notable for its pioneering approach, leveraging a barge-based hydrogen power solution to address the unique energy demands and spatial constraints of Singapore. The focus on AI-ready data centres underscores a forward-looking strategy to meet the high-power requirements of advanced computing infrastructure. While the financial value of the MOU remains undisclosed and the project is in its announced stage, the deal highlights a proactive move by both BDC and CNE to explore alternative, cleaner energy sources for critical digital infrastructure, positioning them at the forefront of sustainable data centre development in the region.
- Development of Singapore's first barge-based hydrogen power solution.
- Targeted at next-generation, AI-ready data centre campuses.
- Partnership between Bridge Data Centres and Concord New Energy.
- Addresses energy sustainability and land scarcity challenges in Singapore.
Timeline
Announced
Mar 2, 2026
Signed
Closed