Author: sHq_LoGiNz

Scaling cloud capacity to 57MW at atNorth`s ICE02 data center to support demand for Crusoe Cloud

REYKJAVÍK, Iceland, Aug. 26, 2025 /PRNewswire/ — atNorth, the leading Nordic high-density colocation and built-to-suit datacenter provider, together with Crusoe, the industry’s first vertically integrated AI infrastructure provider, today announced the significant expansion of Crusoe Cloud capacity at atNorth’s ICE02 data center in Iceland. This strategic expansion is designed to meet the surging demand for Crusoe Cloud services from customers of all sizes across Europe and North America.

Crusoe and atNorth’s original partnership was announced in December 2023 outlining plans for 33MW of capacity at atNorth’s ICE02 data center. The new collaboration involves a 24MW expansion agreement for the campus, which is a key component of Crusoe’s growing European strategy.

Already benefiting from low-latency networks and fully redundant connectivity via multiple undersea fiber optic cables that provide critical access for customers across international markets, the ICE02 upgrade also includes the installation of NVIDIA GB200 NVL72 infrastructure, NVIDIA Blackwell GPUs, and NVIDIA Hopper GPUs that exemplify the future of generative AI.

Powered by renewable energy, the ICE02 data center has also been fitted with Direct Liquid to Chip (DLC) cooling infrastructure, demonstrating both business’ commitment to responsible low carbon operations.

“Crusoe runs the infrastructure for intelligence,” said Chase Lochmiller co-founder and CEO, Crusoe. “Our partnership with atNorth allows us to leverage the abundant geothermal and hydroelectric power in Iceland to build energy-first AI infrastructure so that our customers can run their most demanding AI workloads on Crusoe Cloud.”

“We are delighted with Crusoe’s success in serving its clients via our data centers and are excited to announce this significant development in our ongoing partnership,” says Eyjólfur Magnús Kristinsson, CEO atNorth. “The expansion of our ICE02 site features cutting-edge infrastructure and highly energy-efficient Direct Liquid to Chip (DLC) cooling technology. This aligns with both companies’ commitment to sustainability, and we are proud to support Crusoe on their path to decarbonize their workloads while delivering AI-ready solutions in an environmentally responsible way.”

atNorth recognizes the growing demand for responsible AI-ready data centers. Its modular data center design supports the scalability and flexibility needed for today’s most demanding workloads. Recent partnerships, including those with Nokia and 6G AI Sweden AB, reflect clients’ need to balance cutting-edge technology with environmental responsibility and demonstrate atNorth’s strong commitment to delivering state-of-the-art, sustainable data center campuses.

About atNorth

atNorth is the leading Nordic data center company that offers cost-effective, scalable high-density colocation and built-to-suit services trusted by industry-leading organizations.

With sustainability at its core, atNorth’s data centers run on renewable energy resources and support circular economy principles. All atNorth sites leverage innovative design, power efficiency, and intelligent operations to provide long-term infrastructure and flexible colocation deployments.

atNorth is headquartered in Reykjavik, Iceland and operates eight data centers in strategic locations across the Nordics, with a site to open in Ballerup, Denmark in 2025, as well as its tenth under construction in Kouvola, Finland and its eleventh site in Ølgod, Denmark. The business has also secured land for a future mega site in the Sollefteå Municipality in Sweden.

For more information, visit atNorth.com or follow atNorth on LinkedIn.

About Crusoe

Crusoe is on a mission to accelerate the abundance of energy and intelligence. Crusoe provides a reliable, scalable, cost-effective, and environmentally friendly solution for AI infrastructure by harnessing large-scale energy, building AI-optimized data centers, and empowering builders to reach their AI potential. Crusoe empowers its customers to build the future faster.

Media Contacts:

atNorth:

Caroline Brunton
Kite Hill PR for atNorth
+44 (0) 7796 274 416
caroline@kitehillpr.com  

Crusoe:

Andrew Schmitt
aschmitt@crusoe.ai

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LOS ANGELES, Aug. 26, 2025 /PRNewswire/ — A fresh perspective on farming is taking root, and “All Access with Andy Garcia” is ready to explore it. In a new segment, the program collaborates with AgriTec International to reveal the transformative power of regenerative agriculture. Filming in Milton, FL and in Maquoketa, IA, this feature will invite Public Television audiences to understand how advanced soil science is helping farmers grow more efficiently and responsibly. The segment is scheduled to begin filming later this year, offering a captivating look at a vital industry that nourishes our nation.

“Regenerative agriculture isn’t about quick fixes—it’s about building resilience. By working with nature instead of against it, we can reduce pressures on farmers while protecting the land for the next generation,” stated Nathaniel Barrett, President and CEO of AgriTec. “Education is just as important as innovation. Our role is to help farmers see what’s possible when soil health comes first, and to support them as they put those principles into practice.”

This segment will highlight AgriTec International’s remarkable shift from conventional product sales to a strategy centered on nurturing soil health from the ground up. Viewers will learn about innovative liquid soil amendments, biologicals, and fertilizers that work in harmony with nature to promote long-term fertility, rather than just short-term boosts. The program will demonstrate how AgriTec International’s emphasis on farmer education and support allows growers to unlock existing nutrients within their soil, leading to robust crops, increased yields, and enhanced profitability, all while safeguarding the land for generations to come. This approach helps farmers navigate critical industry challenges, including the rising costs of traditional inputs and the increasing demand for sustainable practices.

The focus will be on AgriTec International’s “soil first” philosophy, illustrating how a deep understanding of soil biology can reduce dependency on synthetic chemicals and foster a more resilient agricultural system. We’ll see how working with nature, rather than against it, can unlock the immense potential already present in farmland, leading to a profound impact on both the environment and the farmer’s bottom line. For many farmers, especially those managing multi-generational operations, this presents a pathway to not only continuing their legacy but also to embracing new, proven methods that align with their conservative values and dedication to the land. This insightful presentation aims to inspire a broad audience, from seasoned agriculturalists to those simply curious about where their food comes from, to recognize the vital importance of healthy soil in ensuring a prosperous and sustainable future for us all.

About “All Access with Andy Garcia“:
“All Access with Andy Garcia” is a Public Television program dedicated to showcasing the stories behind innovative companies and their contributions to various sectors. Hosted by the acclaimed actor Andy Garcia, the program provides insightful and engaging content designed to inform and inspire a wide audience. Learn more at: www.allaccessptv.com

About AgriTec International:
AgriTec International is a family-owned company based in Gainesville, TX, committed to advancing agriculture through scientifically proven liquid fertilizers and regenerative farming solutions. With a focus on soil health and sustainable practices, AgriTec International helps farmers achieve higher yields and healthier crops while reducing reliance on synthetic inputs. Their mission is to empower farmers to unlock the full potential of their land for today and for future generations. Learn more at: www.agritecint.com

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SOURCE All Access

HAMILTON, Bermuda, Aug. 26, 2025 /PRNewswire/ — Reference is made to the Q2 2025 results announcement by Paratus Energy Services Ltd. (ticker “PLSV”) (“Paratus” or the “Company”) today that the Board of Directors has approved a cash distribution to shareholders as specified below.

• Dividend amount: USD 0.22 (approximately NOK 2.23) per share
• Declared currency: USD
• Last day including right: September 1, 2025
• Ex-date: September 2, 2025
• Record date: September 3, 2025
• Payment date: September 16, 2025
• Date of approval: August 25, 2025

Payment of cash distribution to shareholders holding shares outside the Euronext Securities Oslo/VPS will be handled manually.

This information is subject to the disclosure requirements pursuant to section 5-12 the Norwegian Securities Trading Act.

For further information, please contact:
Baton Haxhimehmedi, CFO
Baton.Haxhimehmedi@paratus-energy.com
+47 406 39 083

About Paratus

Paratus Energy Services Ltd. (ticker: PLSV) is an investment holding company of a group of leading energy services companies. The Paratus Group is primarily comprised of its ownership of Fontis Energy and a 50/50 JV interest in Seagems. Fontis Energy is an offshore drilling company with a fleet of five high-specification jack-up rigs in Mexico. Seagems is a leading subsea services company, with a fleet of six multi-purpose pipe-laying support vessels in Brazil. In addition, Paratus is the largest shareholder in Archer Ltd, a global oil services company, listed on the Euronext Oslo Børs.

This information was brought to you by Cision http://news.cision.com

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SOURCE Paratus Energy Services Ltd

SEOUL, South Korea, Aug. 26, 2025 /PRNewswire/ — Coway Co., Ltd., the “Best Life Solution Company,” has released its latest sustainability report for FY2024, the 20^th to date. The report provides a comprehensive overview of the company’s progress toward its Environmental, Social and Governance (ESG) goals, providing an in-depth look at how it fulfills its social responsibilities while enhancing long-term value for stakeholders.

“Coway has been expanding its R&D investments in order to develop innovative products and secure new technologies, resulting in record-high sales and ongoing growth,” said Coway’s CEO, Jangwon Seo. “We will continue to systematically manage our strategic ESG tasks and strengthen their execution, to deliver genuine environmental and social value.”

First published in 2006, the 2024 iteration of the Sustainability Report highlights Coway’s latest key achievements as guided by its vision of becoming a “Company Caring for Better Earth.”

On the Environmental front, Coway has made headway through the implementation of a closed-loop resource circulation system by applying recycled materials – made from plastic waste collected from returned products – to its mass-produced products. The company is also working to continuously reduce environmental impact in product design and packaging by simplifying its packaging and using eco-friendly materials.

With regards to its Social undertakings, Coway has continued its biodiversity conservation activities in collaboration with local communities, organizing campaigns such as creating classroom forests and collective river and marine ‘plogging’ activities. Furthermore, since 2018, the company has been supporting environmentally vulnerable groups by providing air purifiers and subsequent maintenance services, in recognition of which, Coway received a commendation from South Korea’s Ministry of Environment in 2024.

Moreover, with regards to the Governance sector, Coway this year joined voluntary disclosures of corporate value enhancement plans to strengthen transparent communication, setting mid-to-long-term performance indicators and targets to increase shareholder value.

Established in 2021, Coway’s ESG Committee deliberates and makes decisions on key ESG matters based on the expertise and the independence of its Board of Directors. Coway also operates a working-level ESG Council to regularly share its ESG direction with employees and monitor the implementation of key tasks across business areas.

The full text of the Coway Sustainability Report 2024 is available here.

About Coway Co., Ltd.

Established in Korea in 1989, Coway, the “Best Life Solution Company,” is a leading environmental home appliances company making people’s lives healthy and comfortable with innovative home appliances such as water purifiers, air purifiers, bidets, and mattresses. BEREX, the company’s sleep & wellness brand, aims to improve the quality of life through cutting-edge mattresses and massage chairs. Since being founded, Coway has become a leader in the environmental home appliances industry, with intensive research, engineering, development, and customer service. The company has proven dedication to innovation with award-winning products, home health expertise, unrivaled market share, customer satisfaction, and brand recognition. Coway continues to innovate by diversifying product lines and accelerating overseas business in Malaysia, the USA, Thailand, China, Indonesia, Vietnam, and Europe, based on the business success in Korea. In 2025, the company launched Coway Life Solution, a premium elder care platform offering personalized care solutions tailored to different life stages. For more information, please visit https://au.coway.com/ or http://newsroom.coway.com.

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SOURCE Coway Co., Ltd.

“World’s First Successful Drilling into Magma for Steam Power Generation Achieved in Laboratory Demonstration”

SYRACUSE, N.Y., Aug. 25, 2025 /PRNewswire/ — Magma Power LLC, a global pioneer in renewable energy technology innovation, in collaboration with Syracuse University researchers, has achieved a groundbreaking milestone: the world’s first successful drilling into magma for steam power generation in a controlled laboratory demonstration, utilizing artificially created magma.

This landmark test, conducted on June 7, 2025 — Magma Day — marks a pivotal moment in revolutionary clean energy technology development, showcasing the immense potential of Magma Power’s patented technologies to revolutionize the global energy landscape.

“On December 17, 1903 the Wright Brothers’ historic flight launched the era of modern aviation. On June 7, 2025 Magma Power, LLC and researchers from Syracuse University launched the era of magma power,” said Levi Conner, CEO of Magma Power LLC.

The test involved a scaled-down system based on Magma Power’s extensive technology portfolio of 31 U.S. and global patents granted and 46 additional US and global patents filed with over 1,000 patent claims total.

The team created ultra-high temperature 1,200°C (2,732°F) molten lava by melting basaltic rocks in a large crucible, simulating natural magma chamber conditions. Using Magma Power’s proprietary wellbore and heat transfer technologies, the team successfully drilled a 17-inch deep, 3-inch diameter borehole into the lab-generated magma and maintained wellbore stability through patented cooling methods that vitrified the liquid magma into solid obsidian-like glass.

“You could clearly see the ‘glass bottle’ that our drill rig and cooling system created in the lava formation, exactly the reaction that we had predicted,” said Conner. “We showed that our drilling and cooling system can safely create a stable open borehole in 1,200°C magma, demonstrating the viability of our technology for future applications in natural magma environments. This open borehole method and ultra-high temperature heat transfer will revolutionize power generation, providing virtually unlimited renewable power similar in heat to coal and nuclear-powered blast furnaces.”

The team successfully produced steam by placing a heat exchanger within the 17-inch borehole, demonstrating practical energy extraction from the extreme temperature environment.

Critically, magma power is 24x7x365 baseload power — providing a far superior renewable power source than intermittent wind and solar. Magma power also requires a far smaller physical footprint than wind and solar and has none of the environmental risks. “You can’t decarbonize the grid with wind and solar. You can with magma power,” said Conner.

“This achievement is a testament to the visionary work of the Magma Power, LLC team and our partners at Syracuse University,” said Conner. “By drilling into and generating steam from magma in this proof-of-concept demonstration, we’ve proven that our technology can tap into the Earth’s most abundant and powerful energy source. This is not just a scientific breakthrough–it’s the beginning of a new era in renewable energy that can power the planet for millennia.”

A Global Vision Grounded in Innovation

Richard McDonald, Chief Strategy Officer of Magma Power LLC, emphasized the broader implications: “Magma Power, LLC has said that magma resources could meet the Earth’s energy needs for thousands of years. With our successful laboratory-scale validation at Syracuse, this is no longer a hypothesis–it’s a reality we’re bringing to life. This test is the first of many steps toward global implementation.”

The successful Syracuse test aligns with Magma Power’s ambitious plans, including a $20 billion project to build one of the world’s largest Al data centers, powered entirely by magma power. With 10 gigawatts of baseload power capacity, this initiative exemplifies how magma power can address the soaring energy demands of emerging technologies while driving decarbonization.

The Future of Magma Power: A Thousand-Year Energy Solution

A 1982 Sandia Labs report stated, “The U.S. magma resource is estimated at 50,000 to 500,000 quads of energy–a 700- to 7,000-year supply at the current U.S. total energy use rate of 75 quads per year.” The report further noted, “Energy can be extracted at attractive rates from magma resources in all petrologic compositions and physical configurations.”

Transformative Impact of Near 1 Cent per kWh Energy

The U.S. Department of Energy said in its 1978-1979 “Magma Energy Research Project, Semiannual Report” that “The immense thermal energy in magma bodies offers a resource so concentrated that, with efficient extraction, the cost of power generation could approach levels far below those of conventional fossil fuels or geothermal systems, potentially dropping to fractions of a cent per kilowatt-hour over time.”

For industries, energy near 1 cent per kWh–compared to current U.S. industrial rates averaging 7-8 cents per kWh–would slash operating costs and catalyze innovation across sectors. The Al sector, projected to demand 10-20% of U.S. electricity by 2030, could expand exponentially without soaring energy bills.

Green industries like hydrogen production and carbon capture could become economically feasible overnight.

At a societal level, ultra-cheap magma power could electrify the developing world and dramatically reduce household energy costs in developed nations, freeing up disposable income and boosting economic growth.

“This test at Syracuse University is a proof of concept that validates our work,” said KC Conner, Founder and Inventor of Magma Power LLC. “We’re not just talking about meeting today’s energy demands–we’re engineering a solution that will sustain civilization for centuries.”

A Call to Action for a Sustainable Future

As Magma Power LLC continues to refine its technologies, the company is inviting governments, industries, and innovators to join the magma energy revolution. Licensing opportunities are available for over 1,000 identified global sites.

“This is more than a technological triumph–it’s a call to rethink how we power our world,” Levi Conner concluded. “With magma power, we have the means to secure a clean, abundant energy future for the next 1,000 years.”

For more information about Magma Power LLC and its groundbreaking technologies, visit MagmaPower.com.

About Magma Power LLC

Magma Power LLC (MagmaPower.com), headquartered in Tampa, Florida, with offices in New York City and Houston, is a pioneering energy technology company dedicated to developing cutting-edge renewable energy solutions. Magma Power has secured 31 worldwide patents and filed forty additional global patents with over 1,000 patent claims covering all aspects of magma power production.

Magma Power is Inevitable. It’s not a question of if magma power will power the Earth — but when. Energy is civilization, and the next several thousand years of civilization will be driven by Magma Power™.

About Magma Power

Our revolutionary Magma Power technology allows us to harness energy from magma just beneath the Earth’s crust. With its high energy density and exceptional ability to conduct, convection, and radiate heat, magma chambers are prime candidates for energy extraction. Magma Power’s innovation will enable large-scale, 24/7 energy production, delivering the density, longevity, and efficiency needed to make a transformative impact on the global energy transition.

Press Contact:

Richard McDonald
http://www.magmapower.com

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SOURCE Magma Power LLC