Thursday, August 7, 2025
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Press Release GlobeNewswire

Zen42.ai Joins Mobii Green Energy Group’s New Zealand Green HI-City Project, Set to Launch Carbon Credit-Based Stablecoin

October 14, 2024
in GlobeNewswire
Reading Time: 6 mins read
5
SHARES
243
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

Taipei, Taiwan, Oct. 14, 2024 (GLOBE NEWSWIRE) — Committed to building a “green energy-driven, AI-native decentralized infrastructure,” the innovative platform Zen42.ai has officially joined Mobii Green Energy’s New Zealand Green HI-City project. Led by Mobii Green Energy Group and New Zealand’s North Rakaia Power Company, the project aims to establish the world’s first green hydrogen-powered data center, setting a new global standard for sustainable AI infrastructure.

The cooperation agreement was signed by Chairman Kenny Tseng and Founder Yali Li, witnessed by Selwyn Mayor Sam Broughton, along with representatives from Supermicro and Zen42.ai.

The Green HI-City project expects to raise $2 billion in investments and will integrate 850 MW of solar power, 300 MW of wind power, and green hydrogen production facilities to support a 150 MW AI data center powered entirely by green energy. With Google Cloud, Supermicro, and Tatung System Technologies Inc. (tsti) as major partners, Zen42.ai will leverage its expertise in decentralized AI infrastructure and green energy solutions to ensure that the project not only advances sustainability but also meets the global demand for computational power.

The project is strategically located near New Zealand’s largest hydroelectric plant on the South Island, allowing for direct power grid connection and reducing infrastructure costs while shortening the permitting process.

Zen42.ai was co-founded by three pioneering figures: Josh Chen, founder and chairman of VNET Group; Kenny Tseng, founder of Mobii Green Energy Group; and Enoch Kang, a seasoned investment banker formerly with Morgan Stanley Asia. As an “Exponential Organization,” Zen42.ai has set an ambitious Massive Transformative Purpose (MTP): to build a “green energy-driven, AI-native decentralized infrastructure.” This vision goes beyond a simple mission statement, becoming a call to action that inspires individuals and organizations worldwide to join forces in pursuing net-zero emissions and renewable energy goals, aligned with Zen42.ai’s commitment to environmental sustainability. Zen42.ai is supported by the Hyper-Connected AI Consortium, a non-governmental organization headquartered in Hong Kong and sponsored by global data center leader VNET Group. This backing solidifies Zen42.ai’s role in leading sustainable AI-native infrastructure projects, reinforcing its importance within the Green HI-City initiative.

Partners conducted an on-site inspection of the project location to assess the implementation progress firsthand.

Zen42.ai envisions a future where AI infrastructure is democratized and universally accessible, fostering global participation through a decentralized ecosystem powered by renewable energy. This approach empowers individuals and organizations to contribute to a net-zero emissions future. Additionally, Zen42.ai employs blockchain technology to introduce innovative incentive models such as carbon credit tokens and green computing power tokens, creating a new digital carbon economy. This tokenized incentive mechanism unites stakeholders within the Zen42.ai network, propelling them toward the achievement of its Massive Transformative Purpose.

Under the guidance of the Minister, New Zealand MP Nancy Lu will continue to support the project’s implementation, alongside invitations to Minister of Technology Judith Collins and Minister of Economic Development Melissa Lee to participate in the project.

Kenny Tseng, founder of Mobii Green Energy, stated, “Green computing power will generate significant carbon credits, making it the ideal foundation for developing stablecoins. Zen42.ai’s mission aligns perfectly with Mobii Green Energy’s commitment to sustainability, and in the future, we will seek to recruit more like-minded partners worldwide.” The next phase will target regions including Singapore, Japan, Malaysia, Indonesia, and the Middle East, expanding the Green HI-City project to 100 cities globally, laying a solid foundation for a sustainable, AI-driven future.

https://www.youtube.com/watch?v=aLr0zzm4r3g&t=5s

Media contact

Company Name: Zen42

Contact: Josh Chen

Email: zen42@gmail.com

Website: https://www.zen42.ai/

Contact: CC Wang

Company Name: Mobii Green Energy Group

Website: https://www.mobiiesg.com/

Email: support@mobiiesg.com

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

Streamer Jhon Rebatta Lam Joins the Fray in Exciting FIFAe Championship for eFootball Enthusiasts

Next Post

Spoolable Pipes Industry Analysis and Forecast 2024-2031: Key Drivers and Future Outlook

Related Posts

CLIQ Digital AG: Dylan Media to Vote Against Proposed Share Buyback and CLIQ Digital Currently No Longer Considers Delisting

CLIQ Digital AG / Keyword(s): DelistingCLIQ Digital AG: Dylan Media to Vote Against Proposed Share Buyback and CLIQ Digital Currently No Longer Considers Delisting06. Aug 2025 / 20:20 CET/CEST Disclosure of an inside information acc. to Article 17 of the Regulation (EU) No 596/2014, transmitted by GlobeNewswire. The issuer is...

Read moreDetails

DeepSleep Bliss: 2025 Report Investigates the Brain-Sleep Connection Behind Brain Fog, Memory Lapses, and Sleep Difficulties

LOS ANGELES, CA, Aug. 06, 2025 (GLOBE NEWSWIRE) -- DeepSleep Bliss: Leading Doctor Unveils the “Missing Enzyme” Causing Memory Loss, Brain Fog, and Insomnia (2025 Report) Forget everything you thought you knew about sleep aids. DeepSleep Bliss isn’t just another capsule promising quick sedation. Instead, it taps into emerging neuroscience...

Read moreDetails

Power Trades: Why Traders Are Backing This AI-Based Trading App for Security and ROI – Read Canada Trading App Report!

New York City, NY, Aug. 06, 2025 (GLOBE NEWSWIRE) -- In an era where retail investors demand both speed and safety, the financial technology landscape is rapidly shifting. Among the trading tools gaining attention in Canada is Power Trades, a signal-based app that uses artificial intelligence to interpret market activity and...

Read moreDetails

Epiq AI Labs™ Announces New Corporate, Law Firm, and Academic Members

NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Epiq announced today Epiq AI Labs™ now includes more than 25 members who are working together to advance the creation and successful adoption of agentic AI in the legal industry. Epiq is leading this invitation-only community of legal and AI researchers, engineers,...

Read moreDetails

Freeman Quantitative Trading (FQAI) 5.0 Concludes Strategic Selection in Europe

Seattle, WA , Aug. 06, 2025 (GLOBE NEWSWIRE) -- Freeman Quantitative Trading (FQAI) 5.0 has successfully concluded its European strategic selection initiative, marking a major step in the platform’s regional expansion and community-based development model. The process sets the foundation for deeper adoption of FQAI 5.0’s AI-powered quantitative trading tools...

Read moreDetails

Paperclip Participating in National Index Forum August 7-8 in Chicago

HACKENSACK, N.J., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Paperclip Inc. (OTCMKTS: PCPJ), a leading provider of innovative content management and data security solutions, will be participating in the National Index Forum (NIF) on Thursday, August 7 and Friday, August 8 in Chicago. The NIF is a premier event bringing together...

Read moreDetails

Cherry AI Announces TGE, Powering Telegram’s Largest Crypto-Native AI Bot Ecosystem

Dubai, UAE, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Cherry AI, the leading Web3 infrastructure layer built natively for Telegram, has announced that the TGE for its native utility token $CHERRY, is set to go live on August 14. With over 15 million users, Cherry AI is the largest crypto-native bot...

Read moreDetails

Agentic Finance Platform Kuvi.ai Acquires Altura to Build Agent-Enabled Infrastructure for Web3 Gaming

TORONTO, CANADA, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Kuvi.ai, the platform pioneering Agentic Finance, today announced the acquisition of Altura, a Web3 infrastructure platform built to simplify blockchain game development. The acquisition lays the groundwork for the next evolution of in-game asset management, driven by AI agents and automation. With...

Read moreDetails

Asimily Named the IoT Winner in CRN’s 2025 Tech Innovator Awards

SUNNYVALE, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Asimily, the only complete IoT, OT, and IoMT Risk Mitigation Platform, announced today that CRN®, a brand of The Channel Company, has honored Asimily as a 2025 CRN Tech Innovator Awards winner. Asimily earned the award in the Edge Computing/Internet of Things...

Read moreDetails

Navigating ADHICS Compliance: How MIT Consultants is Shaping Cybersecurity Standards in UAE Healthcare

Dubai, UAE,, Aug. 06, 2025 (GLOBE NEWSWIRE) -- As UAE healthcare and financial institutions race to meet stringent ADHICS regulations, MIT Consultants emerges as a trusted advisor, guiding enterprises toward robust compliance through tailored cybersecurity solutions. The cybersecurity landscape in the UAE has dramatically evolved, with healthcare and financial institutions...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    88 shares
    Share 35 Tweet 22
  • Top Cross-Chain DeFi Solutions to Watch by 2025

    49 shares
    Share 20 Tweet 12
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    66 shares
    Share 26 Tweet 17
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    44 shares
    Share 18 Tweet 11
  • 10 Must-Watch Undervalued Cryptos Primed for 2025 Surge

    14 shares
    Share 6 Tweet 4
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

Web 3.0 and AI Summit 2025

2025-09-11
Frankfurt
Summit

Latest on Web3Wire

  • CSPi to Announce Fiscal Third Quarter Results on August 14, 2025
  • CreditRiskMonitor Announces Second Quarter Results
  • dlivrd Launches dlivrd Technologies Inc. and Rebrands Core Platform as Expedite to Accelerate Strategic Growth
  • Dynamic Aerospace Systems (DAS), aka BrooQLy, Inc., Trading Symbol: BRQL, Secures $15 Million Equity Investment from Platinum Point Capital LLC to Accelerate UAV Development and Aerospace Innovation
  • bitHuman Launches the World’s First CPU-Based Avatar SDK for Arm and x86-No GPUs Required

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.