Gate News message, April 16 — Jingko Technology announced on April 16 that it has signed an investment agreement with the Zhongwei Municipal Government in Ningxia to develop a 1GW data center project. The company plans to invest approximately 245 billion yuan (about $34 billion USD) in the initiative, which aims to integrate renewable energy with computing capacity to create a green energy-computing ecosystem.
The project will occupy approximately 800 acres and deploy roughly 50,000 server cabinets across three construction phases. Jingko will serve as the lead investor and coordinate the project’s development while bringing in strategic partners for co-investment. The initiative represents the company’s strategic shift toward becoming a provider of green computing capacity and integrated energy services.
The company noted that due to the project’s substantial scale and pending requirements—including national approval, land acquisition, and partner coordination—the final plan may undergo significant adjustments or be terminated. These contingencies are not expected to have a material impact on the company’s current financial performance.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
