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Digital Realty Celebrates Key Milestone in Advancement of Sustainability Goals

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Digital Realty (NYSE: DLR) has announced that its subsidiary Teraco has begun construction of a 120-megawatt utility-scale solar photovoltaic power plant in South Africa. This groundbreaking initiative marks the first instance of a global data center company owning a power plant. The facility is scheduled to start generating power in late 2026, with an output capacity equivalent to powering 110,000 South African households annually.

The project strengthens Digital Realty's commitment to sustainability, with over 150 of its data centers already operating on 100% renewable electricity. Combined with existing agreements, the company will have more than 1.5 gigawatts of contracted solar and wind capacity, reinforcing its position as a leader in sustainable data center solutions.

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On the day this news was published, DLR declined 1.13%, reflecting a mild negative market reaction.

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Teraco Commences Construction on 120-Megawatt Utility-Scale Solar Plant in South Africa

AUSTIN, Texas, Nov. 12, 2024 /PRNewswire/ -- Digital Realty (NYSE: DLR), the leading global provider of cloud- and carrier-neutral data center, colocation, and interconnection solutions, announced today that Teraco: A Digital Realty Company has started construction on a 120-megawatt (MW) utility-scale solar photovoltaic (PV) power plant in South Africa.  

Teraco will own the power plant, a first for the global data center industry, and wheel the renewable energy to its data centers.  The PV plant is expected to begin generating solar power in late 2026. Once fully operational, output from the solar power plant is projected to be comparable to the annual household electricity needs of 110,000 South African homes.   

"At Digital Realty, we're deeply committed to powering the digital world responsibly.  The commencement of Teraco's 120 MW solar power plant in South Africa is a testament to our shared dedication to sustainability and renewable energy generation.  This initiative brings us one step closer to our global renewable energy goals and demonstrates our resolve to drive positive change for our industry, the environment and all our stakeholders," said Andy Power, President and Chief Executive Officer, Digital Realty.

With more than 150 data centers across its global portfolio now matched with 100% renewable electricity, Digital Realty continues to be an industry leader in sustainable data center solutions.  When added to the existing agreements, Digital Realty will have more than 1.5 gigawatts of contracted solar and wind capacity, demonstrating a steadfast dedication to reducing its carbon footprint and promoting sustainable business practices worldwide.

About Digital Realty

Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 50+ metros across 25+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X.

For Additional Information

Media Contacts
Will Reynolds
Digital Realty
+44 7469 695775
wreynolds@digitalrealty.com

Investor Relations
Jordan Sadler / Jim Huseby
Digital Realty
+1 415 275 5344
InvestorRelations@digitalrealty.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/digital-realty-celebrates-key-milestone-in-advancement-of-sustainability-goals-302302590.html

SOURCE Digital Realty Trust

FAQ

When will Digital Realty's (DLR) new solar power plant in South Africa begin operations?

Digital Realty's 120-megawatt solar power plant in South Africa is expected to begin generating solar power in late 2026.

How many homes can Digital Realty's (DLR) new South African solar plant power?

The solar power plant's output is projected to be comparable to the annual household electricity needs of 110,000 South African homes.

What is the total renewable energy capacity of Digital Realty (DLR) including the new solar plant?

Digital Realty will have more than 1.5 gigawatts of contracted solar and wind capacity with the addition of this project.

How many of Digital Realty's (DLR) data centers use 100% renewable electricity?

More than 150 data centers across Digital Realty's global portfolio are matched with 100% renewable electricity.
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