NANO Nuclear Energy Inc. and Digihost Technology Inc. announced on December 13, 2024, the signing of a Memorandum of Understanding (MOU) to advance the transition to carbon-free energy at Digihost’s 60-megawatt power plant in upstate New York. This strategic collaboration leverages NANO Nuclear’s advanced nuclear reactor technologies in development to provide clean, reliable, and scalable energy for Digihost’s high-tech operations, including AI-driven data centers and digital asset colocation programs.
The non-binding MOU establishes a framework to enhance public understanding and community support for advanced nuclear technologies, such as NANO Nuclear’s 'ZEUS' and 'ODIN' portable microreactors. This collaboration signifies a pivotal step toward zero-emission energy solutions for Digihost by transitioning its existing power infrastructure to advanced nuclear energy. NANO Nuclear will also provide consulting services, including regulatory advice and site assessment.
The deployment of NANO Nuclear’s advanced nuclear reactor technology is expected to replace Digihost’s existing infrastructure, with reactor integration targeted for 2031. This project aligns with NANO Nuclear’s overall expectations for licensing and deployment, and the companies will conduct site assessments and develop a phased implementation strategy. This partnership highlights the demand for innovative, clean energy solutions for next-generation digital ecosystems.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.