US clean energy manufacturing and services company Clean Energy Technologies (CETY) has announced plans to expand its microgrid solution into the cryptocurrency mining and artificial intelligence data center sectors.

The announcement follows the signing of a Memorandum of Understanding (MoU) with Bitcoin mining firm True North. Under the terms of the MoU, CETY microgrid solutions will be delivered to their data centers and cryptocurrency mining operations.

CETY’s solution claims to reduce costs through a fully integrated power generation, energy storage, heat recovery, and energy management system in a 20MW microgrid application.

Commenting on the MoU, Kam Mahdi, CEO of True North, said: “This partnership reflects our commitment to delivering innovative and environmentally friendly energy solutions that support the growth and productivity of high-energy-demand industries like cryptocurrency mining."

Microgrid solutions are increasingly being deployed across data centers as grid concerns mount across major service areas.

This week, UK steel supplier Steel Nation has launched “Steel Nation Microgrids,” a new division facilitating partnerships between natural gas suppliers and data center facilities through a microgrid solution.

Last December, microgrid provider Enchanted Rock announced it would purchase renewable natural gas from food waste to help power a microgrid that provides resilience at a Microsoft data center in San Jose.

Bloom Energy, another microgrid provider, has signed several deals with data center developers. In October, it sold three fuel cell microgrid systems to server manufacturer Quanta.

Before this, in July, it inked a 15-year 20MW offtake agreement to supply AWS with fuel cells for a planned data center in Silicon Valley.