No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Home GREEN

ASOTO and CATALSYS Form Strategic Joint Venture to Provide Revolutionary Green Energy Solutions for AI Data Centers

Cisionby Cision
May 21, 2024
Reading Time: 2 mins read
in GREEN, SCANDINAVIA&BALTICS, UK&IRELAND
Share on FacebookShare on Twitter

TALLINN, Estonia and HARTLEPOOL, England, May 21, 2024 /PRNewswire/ — ASOTO OÜ and CATALSYS Limited are thrilled to announce a strategic joint venture aimed at transforming the European data-center industry through innovative green-energy solutions. This partnership combines ASOTO’s expertise in off-grid power generation with CATALSYS’s pioneering ammonia-cracking technology to introduce a new class of energy generators optimized for data centers.

Under the terms of the MOU signed this month, ASOTO and CATALSYS will jointly develop and commercialize container-type plug & play power units, leveraging ammonia as a green fuel source. This collaborative effort promises to set new standards for sustainability and energy efficiency in data centers across Europe.

Girts Bebris,  Management Board Member of ASOTO, expressed enthusiasm about the collaboration: “Joining forces with CATALSYS allows us to push the boundaries of what’s possible in energy solutions for data centers. Our combined technologies and expertise are a perfect match to drive innovation and deliver real value to the industry.”

Kevin Fothergill, Director of CATALSYS, added: “We are excited to partner with ASOTO on this game-changing project. Our unique technology has the extraordinary potential to provide sustainable green energy to power data centers in any location. Together with ASOTO’s robust network and manufacturing capabilities, we can more effectively meet the growing demand and reduce carbon emissions in this rapidly expanding sector.”

This strategic partnership between ASOTO and CATALSYS marks a significant milestone in the pursuit of green ammonia power generation solutions for data centers and establishes a strong foundation for future innovations in the industry. We are pleased to announce that our green ammonia power generation solutions will be available to the European data center market in the second half of 2025. We encourage industry partners and potential customers to prepare for the launch and stay engaged with us as we advance towards a more sustainable future.

About ASOTO

ASOTO OÜ,  based in Tallinn, Estonia, specializes in developing off-grid power solutions. With a strong presence in the European market, ASOTO is dedicated to providing innovative and sustainable energy options tailored to the unique needs of various industries, particularly data centers.

About CATALSYS

CATALSYS Limited,  headquartered in Hartlepool, England, focuses on the development of cutting-edge ammonia-cracking technology. Their solutions are aimed at creating cleaner energy options, which can be integrated across various sectors to help reduce environmental impact.

Cision View original content:https://www.prnewswire.co.uk/news-releases/asoto-and-catalsys-form-strategic-joint-venture-to-provide-revolutionary-green-energy-solutions-for-ai-data-centers-302150098.html

Read the orginal article: undefined

Gateways to Italy

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

by Partner
June 6, 2023

Sign up to our newsletter

SIGN UP

Related Posts

FINTECH

Europe’s 2025 blackout: A wake-up call for resilient renewable infrastructure

May 22, 2025
BENELUX

Amsterdam-based VC firm Keen Venture Partners secures EIF backing for new €40 million defence tech fund

May 22, 2025
PRIVATE EQUITY

NFP Welcomes Martin Alsop, Enhancing Business Management Capabilities in the Music Industry

May 22, 2025

ItaHub

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Italy’s SMEs export toward 260 bn euros in 2025

Italy’s SMEs export toward 260 bn euros in 2025

September 9, 2024
With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

April 23, 2024
EU’s AI Act, like previous rules on technology,  looks more defensive than investment-oriented

EU’s AI Act, like previous rules on technology, looks more defensive than investment-oriented

January 9, 2024

Co-sponsor

Premium

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

March 6, 2025
Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

February 10, 2025
Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Venture capital investments top €1.3bn in 208 rounds as of Sep30  in Italy. They were €1.5 in all 2023. The new BeBeez Report

Venture capital investments top €1.3bn in 208 rounds as of Sep30 in Italy. They were €1.5 in all 2023. The new BeBeez Report

October 28, 2024
Next Post

London-based social commerce app Haz raises €1.2 million to creates live feeds of users’ old and new purchases

YGION Biomedical announces €15 Million Series A Financing to develop Individualized Cancer Immunotherapies

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart