Press Releases

The First InnoVEX Saloon in 2024 to Discuss the Integration of Green Energy and Advanced Computing Technologies for a Sustainable Future in Data Centers

2024-07-11


The growing demand for AI will increase the need for data centers which are known to have high power requirement. As various governments are aiming to achieve net-zero by 2050, conventional power generators will have to make way for renewable energy; especially to power energy intensive technologies and their various underlying technologies. To help startups understand the global innovation trends and explore business opportunities made possible by this trend, Taipei Computer Association (TCA) reintroduced the InnoVEX Saloon in 2024.

Launched in 2018, the InnoVEX Saloon was temporarily suspended for some time, but will resume in 2024 as the ICT industry continues to face rapid and significant changes in recent times. During the InnoVEX Saloon events, TCA will invite speakers representing various industries to share their insights on emerging ICT trends as well as their experiences in ICT ecosystem, corporate governance, innovative ideas, and more. As the first edition of the year, the event will focus on green tech and real-life applications.

The First InnoVEX Saloon 2024 will be Held on July 12

Titled [Revolutionizing Data Centers: Integrating Clean Energy and Advanced Compute Technologies for a Sustainable Future], the first InnoVEX Saloon 2024 will be held on July 12 in the TCA office, B1 101 and 102 meeting rooms. The forum is organized by TCA with the State of Virginia Taiwan Office as the co-organizer. The event will feature speakers including Bill Brown, CEO of New Waters Capital LP and Dave Menacher, Portfolio Manager of New Waters Capital LP with Clark Hsu, Portfolio Manager of Paramita Capital Management as the moderator.

The speakers will share their experience in the green energy investments and the management of ICT infrastructure strategies in the US. The speakers will share feasible solutions to the green power needs for AI data centers and advanced computing. In addition, the speakers are also aiming to find partners in Taiwan’s green energy and data center focused supply chains for future projects in the US.

Details on the speakers and moderator are as follows:
  • Bill Brown is a serial entrepreneur and a world-renowned expert in fossil fuel carbon reduction and the founder of Net Power, an NYSE listed company and 8 Rivers which was acquired by SK. He has served as a Managing Director at Morgan Stanley, AIG International, and Goldman Sachs. He is also a law professor at Duke University and an attorney and partner at the Sidley Austin LLP that specializes in project financing.
  • Dave Menacher served as a product manager and product strategy consultant for Modern Electron which was funded by the Bill Gates Foundation and focused on building heating, cooling, and decarbonization. He also served as a product manager for Amazon Web Services (AWS) and is now a portfolio manager of New Waters Capital LP.
  • Clark Hsu is the founder and chief investment officer of Paramita Capital Management. He was the senior portfolio manager at Vegasoul Capital Management and served as a director of Deutsche Bank, PM/Fixed Income RV trader (IR/FX hybrid) at West End Capital Management, VP of Credit Suisse First Boston. He has more than 20 years of experience in Wall Street and specializes in Global Macro Trading. , CTA Fund, Multi-asset Option Trading, Hybrid (IR/FX) Volatility Trading, High Frequency, Market-making Algorithm and other trading strategies.

About the Co-Organizer

Virginia is home to the largest data center market in the world, hosting over 35% of all known hyperscale data centers. Virginia's densely packed fiber backbones and massive network of data centers currently move an estimated 70% of the world's Internet traffic daily. Discover Virginia's Data Center advantages.

Virginia's top business climate offers companies excellent foundations for success. Key industries include data centers, semiconductors, aerospace and defense, batteries, automotive, electronic vehicles, manufacturing, etc.

The Virginia State - Taiwan Office invites Taiwan companies to select Virginia as their next destination for investment and provides comprehensive services to facilitate the expansion. Click to learn Why Virginia is the right choice for your business.

Contact Sarah Liu, Director of Virginia Taiwan Office at sliu@vedp.org to discover how Virginia can support your success in the U.S. market.

Event Details

Event Name: InnoVEX Saloon – GreenTech+ Life
Event Time: July 12, 2024, 09:45 – 12:00 (UTC+8)
Event Venue: TCA Office, B1 Room 101+102 (Taipei City, Songshan District, Bade Road Sec. 3, no. 2)
Registration Link: >>> https://seminars.tca.org.tw/D17y00156.aspx

About InnoVEX

Started in 2016, InnoVEX is a startup-focused exhibition organized by the Taipei Computer Association (TCA) and the Taiwan External Trade Development Council (TAITRA). Positioned as the innovation hub of Asia, InnoVEX is held alongside Asia's leading ICT B2B Tradeshow, COMPUTEX, to connect startups and their innovations to global VCs, CVCs, manufacturing partners, buyers, and media.

Follow the InnoVEX Social Media channels for more news and updates:
Facebook: https://www.facebook.com/computexinnovex
Twitter/ X: https://twitter.com/InnoVEX3
LinkedIn: https://www.linkedin.com/company/innovextaipei/
YouTube: https://www.youtube.com/c/InnoVEX_taipei/
Instagram: https://www.instagram.com/innovex_taipei/

Media Contact

Taipei Computer Association    Tel: +886-2-25774249  Fax: +886-2-25785392

David Liu 360  Email: david_liu@mail.tca.org.tw

Sharlene Hung 324  Email: sharlene@mail.tca.org.tw

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