On September 27th, Mobii Green Energy Group and New Zealand energy company North Rakaia Ltd. officially signed the “Green Hi-City Cooperation Agreement” at Christchurch Town Hall. In the first phase of the project, sovereign funds and international private equity funds will invest $2 billion USD to develop 850MW of solar power, 300MW of wind power, a green hydrogen production facility, a hydrogen power plant, and a containerized computing power center housing 5,120 H200 servers. Construction is set to begin in December, with green hydrogen trial power generation, solar power supply, and the computing power center expected to be operational by the end of 2025.
The agreement was signed by Mobii Green Energy Chairman Kenny Tseng and Yali Li, founder of North Rakaia, witnessed by Sam Broughton, LGNZ President and Mayor of Selwyn District Council. This partnership marks New Zealand’s largest-ever investment in a computing power center and will accelerate green energy and AI technology innovation, creating jobs and attracting supply chains to foster New Zealand’s transition to a green AI era.
Mobii Green Energy will be responsible for the solar infrastructure, while Tatung System Technologies Inc. (8099) will handle the procurement and operation of Supermicro’s liquid-cooled servers. International partners including Google Cloud and Zen42.ai will oversee the green computing power center’s operations. North Rakaia will provide land and a 1.15GW green energy permit and will participate in Mobii Green Energy’s $25 million Pre-A round of financing. Both parties will form a joint venture company and secure the exclusive partnership for the “Green Hi-City” project in New Zealand.
Chairman Tseng emphasized that the “Green Hi-City” project, combining green energy, hydrogen, and AI, will establish a digital infrastructure based on green energy and computing power in New Zealand. Leveraging New Zealand’s abundant water resources and expansive land, the project will significantly reduce green hydrogen production costs. Additionally, securing port resources will enable green hydrogen exports, progressively replacing fossil fuels to achieve carbon neutrality. The project has garnered strong support from New Zealand MP Nancy Lu, who has arranged meetings with Climate Change Minister Simon Watts to discuss policies, regulations, and incentives to expedite the project’s success.
Mobii Green Energy is also advancing its minimal hydrogen production technology and plans to showcase a new green hydrogen power generation prototype in October as part of the “Taipei Net-Zero 101” plan. This technology eliminates the need for hydrogen storage and transportation, addressing safety concerns, and aims to replace diesel generators, setting a new benchmark for Taipei’s energy transition. Mobii Green Energy plans to integrate Taiwan’s industrial chain to build 100 “Green Hi-City” projects by 2030, exporting Taiwan’s system integration expertise. Discussions are underway with Singapore, Japan, Indonesia, and Malaysia, all working toward a nuclear-free energy future.
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