JV in green data centers and renewable energy

SAN FRANCISCO, USA—Contrary to anecdotal evidence that the rise of remote working and so-called “Zoom cities” have rendered this city and its surrounding region irrelevant, the San Francisco Bay Area is still the center of the tech world.

According to a recent report by US think tank Brookings Institution, San Francisco has actually increased its share of tech jobs in America during the pandemic. Mark Muro, Brookings chief policy officer and senior fellow, said: “Anyone who thinks big tech hubs are sad and closing is wrong.” So the report of San Francisco’s disappearance is greatly exaggerated after all.

Muro attributed the continued dominance of regional tech superpowers like the Bay Area, Greater Seattle and the New York metro area to the fact that they are still critical to early-stage business development as well as research and development work. for startups. “These big cities are often where companies’ R&D labs and collaboration zones are located. As tech companies mature, that’s when they start recruiting elsewhere,” he explained.

Silicon Valley, part of the San Francisco Bay Area in Northern California, is considered the technology capital of the world. It serves as a global center for innovation, high technology and social media.

Last week, Silicon Valley-based Nautilus Data Technologies announced its partnership with Philippine gaming and technology company DFNN Inc. to develop the first green data center in the Philippines. The location of the joint venture project will be in the Bataan Free Zone (FAB).

In a statement to the Philippine Stock Exchange, DFNN said, “Building the country’s first green data center is an essential part of a sustainable technology ecosystem that will ensure the rapid growth and evolution of the technology sector that will be the backbone of the digital economy. .”

Founded by Fil-Am technology industry leader Arnold Magcale, Nautilus is known for creating the most innovative water-cooled data center design in the world. Globe Telecom, PLDT, Converge and other tech companies have invested in data centers as they anticipate increased demand in the new normal. Nautilus-cooled data centers offer unprecedented benefits such as environmental sustainability, energy savings, water conservation, and rapid global scalability.

Another Philippine company, Basic Environmental Systems Technologies Inc. (BEST), has partnered with Stellar3 LLC of Arizona on a project that aims to make the Philippines a hub for waste-to-energy (WTE) technology in the Asia-Pacific region. They plan to establish modular WTE facilities across the archipelago for the transformation of waste into renewable energy. Their initial facility will be installed at a landfill in Morong, Bataan, which will convert plastic waste into low-carbon liquid fuels in a safe and environmentally friendly manner.

BEST and Stellar3 want to position the Philippines as a global waste management leader and primary location for expansion, especially with the existence of fundraising platforms such as the new Global Trade Xchange (GTX) which recognizes the latest technological advances and values ​​the protection of intellectual property rights. Last year, iWave Advanced Research Group launched GTX operations in the FAB Freeport Zone in Mariveles, Bataan.

Recently, the World Bank conducted a study on the circularity of plastic in the Philippines, the third largest contributor of plastic waste to the world’s oceans. This has brought the issue of plastic pollution to the forefront of the consciousness of Filipino consumers. Hopefully the BEST-Stellar3 joint venture will help address the challenge of plastic waste management in our part of the world.

Joseph Gamboa is the chairman of the Finex Media Affairs Committee and director of Noble Asia Industrial Corp. The opinions expressed here do not necessarily reflect the opinion of these institutions and the BusinessMirror. #FilexPhils www.finex.org.ph.

Ramon J. Espinoza