Tuesday, December 5, 2023
News
NEWS HOME
»
PRN INDIA
AQUATECH AND DATAVOLT SIGN MEMORANDUM OF UNDERSTANDING AGREEMENT FOR WATER COOLING AND RECYCLING TECHNOLOGY COOPERATION AND SERVICES
  SocialTwist Tell-a-Friend  
   

PUNE, India, Sept. 12, 2023 /PRNewswire/ -- Aquatech Systems Asia Pvt. Ltd. of Pune, India, and DataVolt Information Technology Company (DataVolt) of Riyadh, Saudi Arabia, have signed a Memorandum of Understanding (MOU) for water cooling and recycling technology cooperation and services. This collaboration was formalized immediately following the G20 Summit held in New Delhi, India, as part of an initiative to strengthen bonds between India and Saudi Arabia.

Aquatech

Under this MOU, Aquatech and DataVolt are embarking on a strategic alliance to design, construct, and operate state-of-the-art sustainable data centers. These data centers will be equipped with highly efficient cooling systems tailored to the evolving demands of modern computing technology while striving to minimize total carbon dioxide (CO2) emissions. Both parties are deeply committed to advancing cooling techniques and water reuse, integrating sustainable cooling solutions that capitalize on their combined experience.

Aquatech is a global leader in water and process cooling solutions for data centers and brings its vast experience to the table to support this groundbreaking work with DataVolt. Together, Aquatech and DataVolt will bring unmatched expertise to help the world's largest cloud companies operate with the lowest carbon footprint and achieve new levels of sustainability and efficiency.

"Through this MOU, we are advancing cutting-edge technology and fostering stronger ties between India and Saudi Arabia," said Venkee Sharma, Executive Chairman at Aquatech. "Together, we will redefine the standards for data center sustainability and innovation, setting a benchmark for the industry."

DataVolt is developing and operating future-ready, innovative, and environmentally conscious data centers for a connected world. As part of the Vision Invest group, DataVolt has ample expertise in developing and operating renewable power, cooling, and water treatment and reusage critical infrastructure. DataVolt integrates advanced technologies and sustainable practices in its data centers, ensuring efficient cooling operations while preserving precious water resources.

"Through this strategic alliance with Aquatech, DataVolt is poised to revolutionize the data center industry. We are dedicated to pioneering sustainable solutions that not only drive efficiency but also prioritize environmental stewardship," said Rajit Nanda, CEO at DataVolt.

Together, the companies are dedicated to integrating advanced technology and sustainable practices to deliver efficient cooling operations while safeguarding our invaluable water resources.

About Aquatech
At Aquatech, we tackle the challenges of water scarcity and complexity by leveraging technology, expertise, and financing to deliver comprehensive solutions that reduce carbon and recycled water footprint. As a leading global provider of water and process technology solutions, we help the world's most recognized companies achieve their sustainability and operational goals by implementing innovative approaches for water reuse, desalination, minimal and zero liquid discharge, and critical minerals recovery. Our work catalyzes the transition toward a more sustainable future and showcases our commitment to addressing water's role in climate adaptation. Learn more at www.aquatech.com/.

About DataVolt  
With a presence spanning Riyadh, Dubai, Johannesburg and California, DataVolt is the trusted partner in developing and operating future-ready, innovative, environmentally conscious data centers for a connected world. DataVolt is a wholly owned subsidiary of Vision Invest, a leading Saudi Arabian development and investment holding company in critical infrastructure projects at the forefront of Public and Private Sector Partnerships in Saudi Arabia, regionally and globally. Vision Invest group has developed and owns and operates over USD 95 billion worth of critical infrastructure assets, including in renewable power generation, seawater desalination, green hydrogen, cooling and water treatment and  reusage. Learn more at https://data-volt.com/.

Logo - https://mma.prnewswire.com/media/2032668/Aquatech_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/aquatech-and-datavolt-sign-memorandum-of-understanding-agreement-for-water-cooling-and-recycling-technology-cooperation-and-services-301924071.html

More News by PR Newswire India

Kushal's Fashion Jewellery Festive Collection, adorned by Tara Sutaria, beautifully combines glamour and elegance

Unilumin Group Signed an Agreement with Saudi Arabia in the Third Belt and Road Forum for International Cooperation

Transport Corporation of India Ltd. (TCI Group) has been recognized as a Maritime Excellence Achiever at GMIS 2023 by The Ministry of Ports, Shipping & Waterways on 19th October 2023

Bitget Introduces 'Futures Quant' With AI Features

Bitget's Q3 Growth: Second-Highest Market Share Surge and Record High for BGB Holders

HarperCollins Publishers India is proud to announce the publication of SPREADING JOY: How Joyalukkas Became the World's Favourite Jeweller by Joy Alukkas with Thomas Scaria and Nidhi Jain

Go Global or Go Home: New Report Reveals Companies Lacking Global Presence Will Lose Growth Opportunities

MOVIN rolls out the second phase of Electric Vehicles in Bengaluru paving the way for greener deliveries in logistics

Motilal Oswal Financial Services Ltd. (MOFSL) launches #CorporateMushaira, an audio-first campaign for the World Investor Week

UBBF 2023 Intelligent IP Network Summit in Dubai an Impressive Success

Placing Them Right: IBS Path to MBA Career Success

HDFC ERGO reiterates its commitment on making health insurance Accessible, Affordable and Convenient with launch of 6 new products and 2 service upgrades

capSpire expands its global footprint with entry into the Singapore market

GTPL Hathway records its highest quarterly revenues from operation

CCTV+: International reporters experience the romance and vitality of Hangzhou, China

STL expands its Enterprise Networking solution portfolio with Estelan

Mantittude: Skincare for Men encourages men to unleash their inner 'Pataka' this Diwali

The 134th Canton Fair Opened with Optimized Structure and Upgraded Scale

MADAME TUSSAUDS SINGAPORE UNVEILS LIFELIKE FIGURE OF CRICKET ICON VIRAT KOHLI AMIDST ICC MEN'S CRICKET WORLD CUP!

Ugreen unveils power solutions and personal data storage at the Gitex Trade Show in United Arab Emirates.

Meridean Overseas Education Consultants Announces Half-Day Leave to Celebrate India vs. Pakistan Cricket Match

Xinhua Silk Road: Huai'an, UNESCO creative city of gastronomy, explores innovative dev. of food industry via premier regional food expo

Xinhua Silk Road: Fengxin County in E. China's Jiangxi celebrates bountiful harvest of kiwifruit

Casio to Release G-SHOCK Watches with Shining Metallic-Colored Dials

UEG Week 2023 : Babies with a low birthweight four times more likely to develop fatty liver disease in later life

CGTN: Diffusion of tea and its culture along the Silk Road

NEOM announces Leyja, its latest sustainable tourism destination

Expand North Star 2023 kicks off in Dubai gathering game-changing start-ups to accelerate on global stage

World Health Summit kicks off in Berlin

Hexaware Technologies announces new office in Dehradun to bolster its global delivery network

Chinese automotive industry has overtaken to supercars

Participants of the Made in Russia business mission to India held more than 150 negotiations with local importers and distributors

Rummy Passion Raises the Bar: Instant Withdrawals Now Available for All Tiers

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
Chennai MeT predicts moderate rainfall, ...
Rain, gusty winds as Cyclone 'Michaung' ...
Mallikarjun Kharge calls meeting of parl...
Amit Shah to move Bills on J-K Reservati...
Maharashtra: Man strangles wife to death...
Rajya Sabha to discuss economic situatio...
More...    
 
 Top Stories
US Commerce Secy Raimondo, Piyush G... 
What Makes Bajaj Finserv Balanced A... 
Historic Milestone for Sikkim: Agap... 
Delegation of hostages' families me... 
Changing Tree and IRIS Home Fragran... 
Kim Kardashian to play divorce lawy... 
ADB, GEAPP and MAS join forces for ... 
SKF India Showcases Innovative Solu...