CAPRE’s Data Center Industry Round Up for Aug 2, 2019

Check out the latest in deals, development and disruptive technology in the data center space for Aug 2, 2019: 20 MW Fuel Cell-Powered Data Center Secures $55 Million Tax Break from State of CT: Connecticut Innovations has approved a ten-year sales-and-use tax exemption for the new fuel cell-powered data center to be built by Energy Innovation Park, LLC (EIP) and ThunderbirdCHP in New Britain. The $55.2 Million USD tax break will be the largest exemption of its kind in the ten years since the tax incentive program was conceived. The project will be housed in a 45,000 square foot former factory. EIP plans to likely infuse $1 Billion USD into the data center development, which will consist of 20 megawatt micro grid powered by 44 trailer-sized fuel cells. EIP also expects that the data center will generate over $200 million USD in state tax revenue and $45 million USD in local tax revenue over the next 20-years. CoreSite Delivers SDN Inter-Site Connectivity between Markets: CoreSite is now offering SDN inter-site connectivity between seven of its edge markets. With the CoreSite Inter-Site Connectivity solution customers can secure their distributed IT infrastructure with private SDN connections, versus accessing data over the internet, simplify hybrid cloud architectures for multi-cloud and multi-site network capabilities, improve performance and greatly reduce network provisioning times, and obtain access to more than 775 network, cloud and IT service providers. Digital Realty To Enter South Korea: Digital Realty has entered into a definitive agreement to…