NVIDIA Corporation (NVDA.US) partners with Firmus to invest $2.9 billion in building a renewable energy AI data center in Australia.

NVIDIA Corporation (NVDA.US) is partnering with the Australian startup company Firmus Technologies Ltd. to build a series of artificial intelligence data centers powered by renewable energy nationwide. According to Firmus' announcement, the Southgate project, a collaboration between the two parties, has begun construction, with two data centers set to be completed initially in Melbourne and Tasmania. The total investment for the project is 4.5 billion Australian dollars (approximately 2.9 billion US dollars) and will initially deploy 150 megawatts of power using NVIDIA Corporation's GB300 chip technology, with plans for official operation by April 2026. Firmus further stated that by 2028, the project may eventually expand to a power scale of 1.6 gigawatts, with a total investment of 73.3 billion Australian dollars. This expansion plan will support additional installed capacity of 5.1 gigawatts of wind power, CECEP Solar Energy, and hydropower, representing about 5% of Australia's current total installed capacity, according to data. The large-scale construction of data centers by Clean Energy Fuels Corp. is expected to stimulate the demand for renewable energy projects in regions in Australia with abundant solar and wind resources. Oliver Curtis, Co-CEO of Firmus, stated in the announcement: "The Southgate project is a blueprint for Australia leading the world in scalable, sovereign AI infrastructure."