A small town in Norway is set to become home to what has been called the "world's largest datacentre".
The datacentre, dubbed the Kolos project, is on course to be built in the small town of Ballangen, which has a population of just 2,600.
The facility will cover an area of 600,000 sq ft according to the BBC, eclipsing the current largest facility in China - and draw on over 1,000 megawatts of power within a decade.
Kolos confirmed on its website that a public consultation has taken place, where Kolos signed a contract for the premises and presented plans for the datacentre.
Kolos CEO Håvard Lillebo said: "In northern Norway, we actually have Europe's cheapest power, which is also 100 per cent renewable. In addition, Ofoten (the region in which Ballangen is located) and Ballangen have extremely good access to dark fibre, which is a prerequisite for running datacentres."
The naturally low temperature in the area will keep cooling costs to a minimum, Kolos said, while jobs will be created as employees are sought from a nearby university and the local community.
The construction of the datacentre is not yet a foregone conclusion, however, with Kolos confirming that the rights to the property will be returned to the local authorities should the project fall through.
Kolos claims to have raised "several million dollars" for the project, but says it is in negotiations with a US investment bank to secure the remaining funds.
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