Digihost and NANO Nuclear look to support New York State’s Energy Plan
to build advanced, clean and affordable nuclear energy
Digihost Technology Inc. (“Digihost”) (NASDAQ/TSXV: DGHI), an innovative energy infrastructure company developing data centers, and NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear”), a leading advanced nuclear energy and technology company focused on developing portable, clean energy solutions, today announced a joint submission to a New York State Energy Research and Development Authority (NYSERDA) Request for Information (RFI) concerning the development of advanced nuclear energy technologies in New York State.
This joint submission builds on the Memorandum of Understanding (MOU) between NANO Nuclear and Digihost that was announced on December 13 to advance the transition to carbon-free energy at Digihost’s 60-megawatt power plant in upstate New York. It also establishes NANO Nuclear as a key participant in New York State’s pursuit of strategic partnerships and initiatives that align with its goals of achieving a zero-emission grid in its future for all New Yorkers. The collaboration with Digihost further enables NANO Nuclear to offer New York practical strategies and innovative solutions to address energy challenges faced by industries within the state.
The RFI was initially announced by New York state on November 15, 2024. The RFI aims to gather information and gauge market interest for increased deployment of renewables and promoting the development of advanced nuclear technology such as NANO Nuclear’s “ZEUS” and “ODIN” microreactors in development.
Figure 1 – NANO Nuclear Energy Inc. and Digihost Technology Inc. File a Joint Response to the New York State Energy Research and Development Authority’s Request for Information Regarding the Development of Advanced Nuclear Energy Technologies in the State of New York.
“Our joint response to the NYSERDA RFI brings us a step towards a cleaner and more efficient New York State,” said Michel Amar, CEO of Digihost Technology. “In addition to our 60-megawatt facility, nuclear powered solutions have the potential to reshape many other energy-intensive operations throughout the state. We are particularly pleased to partner with NANO Nuclear on this initiative and look forward to our dialogue with New York State on this important issue.”
“We are excited to announce our joint response to New York’s Request for Information,” said Jay Yu, Founder and Chairman of NANO Nuclear. “Our proprietary microreactors in development are designed to produce reliable, scalable, and sustainable energy that companies like Digihost can use to power their operations. We are delighted to work alongside Digihost to provide New York State with a template for viable and cost-effective alternatives to highly polluting carbon-based energy forms and variable sources like wind or solar.”
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