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Mr Eric Fan, Chief Executive Officer of Bridge Data Centres (left) and Mr Joe Zhou, Group Vice President and Chief Executive Officer, Global Business of Concord New Energy (right) signed a Memorandum of Understanding to jointly develop Singapore’s first barge-based hydrogen power generation solution tailored for next-generation AI digital infrastructure.
Mr Eric Fan, Chief Executive Officer of Bridge Data Centres (left) and Mr Joe Zhou, Group Vice President and Chief Executive Officer, Global Business of Concord New Energy (right) signed a Memorandum of Understanding to jointly develop Singapore’s first barge-based hydrogen power generation solution tailored for next-generation AI digital infrastructure.

The partnership represents a strategic step in BDC's long-term roadmap to diversify power sourcing pathways, enhance energy security, and future-proof its Singapore data centre portfolio amid evolving grid constraints and decarbonisation dynamics.

The collaboration brings together BDC's extensive expertise in developing and operating hyperscale data centres across Asia Pacific and CNE's technical leadership in renewable and hydrogen energy systems. The parties will also collaborate with Nanyang Technological University (NTU), one of the world's top universities, to support the development of Singapore's hydrogen ecosystem Together, the parties will accelerate the research, engineering, and deployment of scalable clean energy solutions across the value chain.

Integrated Renewable and Hydrogen Pathways

Under the MOU, the parties will explore advanced power system architectures and generation configurations designed to enhance the resilience and reliability of AI-ready data centre campuses.

A key focus of the collaboration is the development of Singapore's first barge-based hydrogen power generation model — an innovative marine-integrated deployment approach designed to deliver flexible and modular clean power capacity.

Compared to conventional land-based generation assets, a barge-based configuration offers structural advantages particularly suited to Singapore's operating environment, including optimisation of scarce land resources through offshore or nearshore deployment, enhanced safety risk segregation between hydrogen handling infrastructure and core data centre operations, and greater flexibility in hydrogen transport and storage leveraging Singapore's maritime ecosystem.

In parallel, the parties will develop scalable hydrogen supply chain frameworks covering storage, transport, and system integration to support high-density, AI-driven digital infrastructure. The alliance will also assess customised long-term power procurement structures, including renewable power purchase agreements (PPAs) and integrated energy storage solutions, to enhance operational flexibility and overall energy system resilience.

Mr Eric Fan, Chief Executive Officer of Bridge Data Centres, said, "The accelerating demand for AI-ready data centres requires new energy architectures that are resilient, scalable, and sustainable. This collaboration with Concord New Energy reflects our commitment to diversifying long-term power pathways. By pioneering Singapore's first barge-based hydrogen generation solution, we are exploring innovative models that integrate clean energy with advanced digital infrastructure."

Mr Joe Zhou, Group Vice President and Chief Executive Officer, Global Business of Concord New Energy, said, "Singapore's hydrogen ambitions and its position as a global maritime and energy hub create a strong foundation for piloting advanced hydrogen power solutions. Through this partnership, we aim to contribute engineering expertise and scalable system design to support the decarbonisation of AI-intensive data centre environments."

Advancing Singapore's Clean Energy and Digital Infrastructure Ambitions

The collaboration is expected to anchor advanced hydrogen system engineering and barge-based deployment capabilities within Singapore's energy ecosystem. Through its Concord Clean Energy Research Centre, CNE will expand applied clean energy research and collaborate with local institutions, including NTU and public agencies, to drive the development of scalable clean hydrogen energy solutions in Singapore.

The partnership will facilitate structured knowledge transfer and local talent development in hydrogen systems integration, renewable optimisation, and advanced energy engineering. The initiative is expected to support the creation of high-value jobs and specialised technical competencies in these domains.

In addition, the collaboration is anticipated to catalyse investment in hydrogen-related infrastructure, including storage, transport, generation assets, and associated supply chains, strengthening Singapore's clean energy transition.

As Singapore scales AI-driven workloads and high-performance computing capacity, energy reliability, flexibility, and sustainability are becoming decisive enablers of digital growth. The collaboration between BDC and CNE reflects BDC's proactive strategy to future-proof its power architecture, diversify long-term sourcing pathways, and strengthen infrastructure resilience.

By anchoring advanced hydrogen engineering and marine-integrated deployment capabilities in Singapore — a global maritime and energy trading hub — the initiative not only strengthens Singapore's ability to pilot innovative hydrogen solutions within a land-constrained urban environment, but also establishes a scalable offshore-integrated clean power framework that can be extended to Southeast Asia's rapidly expanding AI-driven data centre markets.
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The issuer is solely responsible for the content of this announcement.

Bridge Data Centres

Bridge Data Centres (BDC) is a Singapore-headquartered hyperscale data centre provider delivering high-performance, next-ready infrastructure across Asia Pacific. Backed by Bain Capital, BDC operates in Malaysia, Thailand, India, and other high-growth markets, with the capability to deliver up to 3 gigawatts (GW) of capacity globally by 2030 through partnerships with sister platforms in Europe and the United States.

Concord New Energy

Concord New Energy Group Limited (CNE) is a Singapore-headquartered renewable energy company focuses in renewable energy industry nearly two decades, been listed on HKEX mainboard since 2007. CNE is committed always to providing high-quality clean energy and related professional services. Our business has covered development, investment and operation of wind power, photovoltaic (PV) and energy storage assets global wide. Currently, CNE is managing a total equity capacity more than 5GW.

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