en.Wedoany.com Reported - U.S. modular data center company Nodiac and Canadian renewable energy company PowerBank Corporation have signed a Joint Development Agreement (JDA), formalizing the partnership first disclosed in April this year. The two companies previously signed a letter of intent to explore co-locating data centers at PowerBank's solar and battery storage sites in North America. The agreement establishes a clear framework for joint development and cash flow allocation at selected sites.
Under the agreement, Nodiac will deploy modular data center units ranging from 1 to 20 megawatts at distribution-level interconnection points on sites where PowerBank already has generation capacity, land, and permits. The two companies stated that this model aims to bring computing capacity online within months, rather than the years required for large-scale load transmission queue interconnection.
PowerBank CEO Richard Lu said that the company has developed, owned, and operated renewable energy in North America for years, and these assets are now becoming the potential foundation for distributed artificial intelligence computing that the digital economy relies on. Nodiac CEO Robert Sher said that by building at locations where power is already available, rapid expansion for the AI industry can be achieved while converting existing energy assets into new high-value revenue streams—a distributed model that the market is moving toward.
According to the two companies, terms will be negotiated on a site-by-site basis and are subject to final agreements, permits, technical feasibility, and financing. Denver-based Nodiac develops containerized data centers ranging from 1 to 20 megawatts that can be deployed alongside existing energy infrastructure. The company has a pipeline capacity of over 800 megawatts across more than 500 identified sites in over 30 U.S. states. In addition to the deal with PowerBank, the company earlier this month signed a letter of intent with SkyVolt Energy to deploy its modular data center solutions at SkyVolt Energy's sites in North America. PowerBank claims its development pipeline capacity exceeds 1 gigawatt, with over 100 megawatts of operational solar and battery capacity.
