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DEMA Energy and Royal Commission for Jubail and Yanbu Sign MoU at Jazan Investment Forum 2023

Nov 30, 2023


At the Jazan Investment Forum 2023, DEMA Energy has signed a Memorandum of Understanding (MoU) with the Royal Commission for Jubail and Yanbu at Jazan Special Economic Zone.

The MoU was signed by Dr. Hussain Fadhli, CEO of Jazan City for Primary and Downstream Industries, and Faris Aljehani, Founder and CEO of DEMA Energy.

This strategic MoU marks a significant step forward in the manufacturing and energy sectors, focusing on two key initiatives.

The first aspect of the MoU encompasses the manufacturing of data center ancillaries specifically designed for liquid immersion-cooled data centers. This initiative is set to revolutionize the data center industry by enhancing efficiency and reducing environmental impact, aligning with the growing global demand for sustainable data solutions.

The second part of the agreement introduces the concept of Energy-Compute Parks by DEMA Energy. These parks represent a large-scale deployment of computing resources in strategically chosen locations within the energy grid. The aim is to enhance the efficiency and optimization of the energy grid, utilizing various layers of computing resources. This approach incorporates cutting-edge technologies to establish a high-consumption data center in Jazan. The project is designed to not only meet the burgeoning demands for data processing but also to make a meaningful contribution to the local economy through innovative energy and compute integration.

The MoU is a testament to the collaborative efforts between DEMA Energy and the Royal Commission for Jubail and Yanbu, showcasing a shared vision for technological advancement and economic growth in the Kingdom.

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