Energy Estate and OceanBit Partner to Power Offshore Data Centers with Ocean Energy

Energy Estate has officially partnered with OceanBit to supply renewable ocean energy to Power Island Data Centers. This collaboration aims to integrate Ocean Thermal Energy Conversion into the burgeoning artificial intelligence digital landscape. By co-locating energy generation with data processing, the project seeks to solve the rising power demands of hyperscale computing.

The joint initiative focuses on developing offshore digital industrial precincts that utilize constant, 24/7 energy from ocean thermal gradients. These hubs provide a steady power supply for cooling and operations, reducing reliance on traditional onshore grids. This approach is designed to accelerate the deployment of sustainable AI infrastructure globally.

This partnership aligns with the broader strategy of Energy Estate to bring data to the power. The company currently manages a global development pipeline exceeding 20 GW, including wind, solar, and green hydrogen projects. Their vision involves designing industrial ecosystems that foster local capacity and long-term environmental stewardship.

Innovation serves as the primary compass for Energy Estate as they reshape the energy paradigm for digital architecture. By leveraging ocean energy, the partnership addresses the specific heat and power requirements of modern AI factories. This focus on advanced transmission and clean energy ensures that digital growth does not come at an environmental cost.

Stewardship remains a core pillar of Energy Estate operations, particularly regarding First Nations engagement and sustainable land management. The company recognizes Aboriginal and Torres Strait Islander peoples as the original stewards of the Australian environment. Every project is designed to support local supply chains and ensure that the energy transition provides tangible benefits to regional communities.

Founders Vincent Dwyer and Simon Currie lead the firm with a focus on de-risking complex large-scale projects. By bringing in strategic partners for capital-intensive construction, Energy Estate accelerates the transition to a sustainable future. The Power Island concept represents a logical extension of their mission to integrate renewable energy with industrial demand.