Chinese datacenter rents roughly halve as Envision plans up to 800MW campus

Top News · Reported · semianalysis.com

Galaxy is Envision’s datacenter campus in Ulanqab, Inner Mongolia. SemiAnalysis reports up to 800MW of planned IT capacity for two internet giants, comparable with the roughly 820MW of critical IT capacity at Crusoe’s Abilene campus.

Here’s what is taking shape:

• The first 120MW phase was delivered in August 2026, with the full campus expected by the end of 2027.
• Envision’s wider Inner Mongolia datacenter plans total 3GW.
• Chinese datacenter rents have roughly halved in five years to about $40/kW/month excluding power, according to SemiAnalysis.
• The report says Galaxy’s factory-built substation took less than three months to connect, versus about six months for a conventional indoor substation.

One catch: Galaxy’s buildout is planned for up to 800MW. Abilene is also set to grow, with a planned expansion to 1.5GW.

Sources: newsletter.semianalysis.com