Hitachi and X Labs to deliver behind-the-meter energy parks for data centers

Hitachi is collaborating with investment firm X Labs to develop behind-the-meter energy parks for colocated data centers.

In a separate agreement, the Japanese technology firm has also agreed to work with UK-headquartered Neoix on hyperscale data centers in selected global markets.

X-Factor

X Labs invests in and manages special-purpose vehicles (SPVs), companies set up to deliver a specific project or goal.

The agreement with Hitachi will see X Labs set up SPVs to design, develop and run the energy parks at locations across the US, getting them ready for data center operators to move in and access the power. The partners describe this model as Energy-as-a-Service (EaaS).