SK Enmove-DELL-GRC Join Hands for Data Center Immersion Cooling Business

SK Enmove to Promote Data Center Immersion Cooling Business

Sang-kyu Park, President of SK Enmove (left), Peter Mars, President of Dell Technologies Asia Pacific (center), and Peter Pollin, CEO of GRC (right), are taking a commemorative photo on the afternoon of the 22nd at the 'Dell Technologies Forum' at COEX in Gangnam-gu, Seoul, after signing a business agreement to promote the data center immersion cooling business. Photo by SK Enmove

SK Enmove is accelerating the commercialization of next-generation data center thermal management technology, immersion cooling, by partnering with global IT company Dell.

On the 23rd, SK Enmove announced that it signed a Memorandum of Understanding (MOU) for the promotion of the data center immersion cooling business with Dell Technologies, a US PC manufacturer and IT solutions company, and GRC, a US data center immersion cooling system specialist. The signing ceremony, held at the 'Dell Technologies Forum' at COEX in Gangnam-gu, Seoul, was attended by Park Sang-gyu, President of SK Enmove; Peter Mars, President of Dell Technologies Asia Pacific; and Peter Pollin, CEO of GRC.

Through this agreement, the three companies will collaborate on technology development and the establishment of an after-sales service (AS) market to expand demand for data center immersion cooling systems. Their goal is to secure trust in the early-stage data immersion cooling technology market and jointly build supply chains in key demand regions to expand their influence within the immersion cooling market.

Accordingly, SK Enmove will provide immersion cooling system-specific oil using high-quality lubricating base oil, while Dell Technologies and GRC will be responsible for immersion cooling-dedicated servers and immersion cooling systems, respectively, cooperating on the development of technologies and components necessary for standardizing immersion cooling systems. They will also jointly promote marketing and sales activities to activate the immersion cooling market and secure global customers.

Data center immersion cooling is a next-generation thermal management technology that cools by directly submerging data servers in cooling oil. Compared to air cooling, which circulates cold air or uses fans to cool servers, immersion cooling offers superior cooling efficiency, making it a technology that enhances data center efficiency. The global immersion cooling market size is expected to grow from approximately $330 million (about 440 billion KRW) in 2022 to about $2.1 billion (about 2.8 trillion KRW) by 2032, with a compound annual growth rate (CAGR) of 21.5%, according to data from global market research firm Future Market Insights.

Last year, SK Enmove made a $25 million (about 33.4 billion KRW) equity investment in GRC and joined its partner program to jointly develop data center immersion cooling systems. The company plans to expand its business areas to energy storage systems (ESS) and battery thermal management for electric vehicles, aiming to grow into a comprehensive thermal management solution provider.

Peter Mars, President of Dell Technologies Asia Pacific, said, "The importance of building sustainable data center environments is growing day by day. We are honored to partner with specialized immersion cooling market companies at the right time."

Peter Pollin, CEO of GRC, said, "We are pleased to collaborate with SK Enmove and Dell Technologies. Data center immersion cooling systems improve the energy efficiency of rapidly growing data centers driven by AI and machine learning expansion, reducing both economic costs and environmental impact."

Park Sang-gyu, President of SK Enmove, said, "Demand for thermal management solutions in areas using electrical energy, including data centers, is rapidly increasing. Through this collaboration, we will contribute to the activation of the immersion cooling market and establish ourselves as an energy efficiency company that enhances electrical energy efficiency."

This content was produced with the assistance of AI translation services.