SK Enmove, a subsidiary of South Korea’s leading oil refining company, SK Innovation, has forged a strategic partnership with Dell Technologies, a prominent American computer manufacturer, and Green Revolution Cooling (GRC), a provider of cutting-edge data centre cooling solutions to jointly develop lubricant-based liquid coolants for data centres and build a supply chain in key growth regions around the world.
Under the memorandum of understanding, the three companies will also seek to develop new data centre cooling technology and create an after-sales service market.
GRC specialises in evaluating and verifying heat management fluids used in immersion cooling systems for data centres. Liquid immersion cooling presents a more efficient method for heat management, involving the submersion of data servers directly into cooling liquids as opposed to conventional air cooling.
This liquid cooling approach significantly reduces the power consumption of data centres by minimising the energy required for cooling, thereby leading to a notable decrease in carbon emissions.
“Demand for heat management solutions in areas including data centres and electricity usage is rapidly increasing. This partnership with Dell and GRC will give us an opportunity to enhance our presence in the fast-growing market,” said SK Enmove Chief Executive Park Sang-gyu.
According to market researcher Future Market Insights, the global immersion coolant market is forecast to grow at an average annual rate of 21.5% to $2.1 billion by 2032 from $330 million in 2022.