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Indiana Data Center Intel
Latest data center news, projects, power and policy across Indiana — updated daily.
Recent Indiana data center news
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Meta procures geothermal power for data centers
Meta partners with Sage to procure geothermal energy for data centers, operational by 2027.
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Data center vacancy rate hits record low in H1 2024 as power supply challenges persist: CBRE
In H1 2024, data center supply rose but vacancy rates hit record lows due to power supply challenges, reports CBRE. Atlanta led a 26% pricing increase. Significant activity boosts were seen in Austin, San Antonio, and tertiary markets like Mt. Pleasant, Boise, and Cheyenne. Rental rates forecast to rise amid ongoing demand.
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Data center vacancy rate hits record low in H1 2024 as power supply challenges persist
In H1 2024, data center vacancy rates hit record lows due to power supply challenges and longer electrical infrastructure lead times, per CBRE. Atlanta’s under-construction activity rose 76%, leading primary markets. Rental rates are expected to climb. Hyperscale data development is notable in tertiary markets like Mt. Pleasant, Wisconsin; Boise, Idaho; and Cheyenne, Wyoming.
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AEP data center and other commercial sales soar 12.4% in Q2
AEP’s Q2 commercial sales rose 12.4%, driven by data center demand. The company expects substantial growth, especially in Ohio and Texas. AEP purchased the 795-MW Green Country power plant in Oklahoma and plans to add 20.2 GW by 2033. Earnings dropped to $340.3 million, although operating earnings improved.
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Lack of power pushes rental increases in major U.S. data center markets: report
Rental prices in major U.S. data center markets are rising due to high demand from public cloud providers and AI companies. Northern Virginia leads in net absorption with 407.4 MW. Despite supply increases, data center availability is limited. Northern Virginia and Chicago saw leasing availability reductions, while Dallas-Fort Worth grew by 31.9%.
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Data center demand continues despite supply bottlenecks
Data center construction is thriving, with companies like MasTec and Fluor pushing to expand their presence in the sector. Market growth is fueled by institutional investments and increasing reliance on data centers. Challenges like supply chain delays and power constraints persist, urging industry professionals to adopt innovative solutions.
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Data center demand continues despite supply bottlenecks
Data center construction demand remains robust despite supply chain challenges. MasTec plans to expand its presence, while Fluor sees similarities to past manufacturing surges. Companies like Microsoft, Meta, and CBRE observe consistent market growth. Challenges include power distribution and equipment shortages, impacting project timelines and costs. Solutions involve innovative strategies and cooperation with suppliers. Lynch highlights the importance of talent with a track record in delivering successful data center projects.
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Lack of power pushes rental increases in major U.S. data center markets: CBRE
Demand for data centers in North America is rising due to public cloud providers and AI companies, with northern Virginia leading in net absorption at 407.4 MW. Pricing is surging, particularly in Chicago. Dominion Energy projects in Virginia may alleviate power constraints. Dallas-Fort Worth is the second-largest colocation market, with robust construction and pre-leasing.
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Meta to bring 210 MW of solar energy to Indiana
Meta is expanding its renewable energy portfolio by bringing 210 MW of solar energy to Indiana, supporting its decarbonization goals. The company has made significant strides in reducing its carbon footprint and has become one of the largest corporate buyers of renewable energy globally. Solarpack’s CEO, Leo Moreno, expressed excitement over this milestone in the U.S. market.
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Meta to bring 210 MW of solar energy to Indiana
Meta is expanding its decarbonization efforts by bringing 210 MW of solar energy to Indiana, supporting its goal of achieving net-zero emissions by 2030. The company has made significant reductions in its carbon footprint and has committed to renewable energy sources. Solarpack CEO Leo Moreno expressed excitement about the partnership.