The agreements - subject to planning permission - will lead to:
• The expansion of the Fabian Way park and ride site to create a green energy transport hub to potentially include a hydrogen manufacturing station for hydrogen-powered transport, an abundance of electric vehicle charging points, and restaurants and flexible working areas for visitors to enjoy.
• A new manufacturing facility on the former Morrissey site in SA1 to make high-tech batteries that would store the renewable energy generated by the project and for worldwide distribution.
• The expansion of approved solar farm plans at the former Tir John landfill site to create one of the UK's largest solar energy generating facilities.
DST Innovations is also continuing to make positive progress on all other elements of the overall project. These include a tidal lagoon, a battery farm to store the renewable energy generated on site, a floating solar panel facility, an oceanic and climate change research centre, eco-homes anchored in the water, and a hyper-scale data centre.
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As well as Batri Ltd, DST's project partners also include engineering and construction firm HDR, and infrastructure specialists Enable.
Swansea Council has also now applied to the UK Government for funding to further explore the potential for a low carbon district heating network. Using excess heat from the data centre, the heating network could heat dozens of major buildings in the SA1 and city centre areas of Swansea.
Cllr Rob Stewart, Swansea Council Leader, made the announcements at the South West Wales Green Economy Conference 2023.
Cllr Stewart said: "We've set a target of becoming a net zero city by 2050. The project being proposed by DST Innovations will considerably help us reach that goal while also creating thousands of jobs and placing Swansea at the heart of global green economy innovation.
"The land agreements are a big step forward for the project and we look forward to working with DST Innovations and their partners on next steps for a scheme that's potentially a game-changer for Swansea as we look to create a more prosperous and sustainable city for our children and generations to come.
"We're also determined to make the most of the project in any way we can to even further cut Swansea's carbon footprint, which is why we've bid for funding to further explore the concept of a district heating network."
Richard Morgan, of HDR, said: "The energy hub is a blueprint of how urban renewal underpinned by green energy should be delivered in future. HDR, Batri and DST as partners are committed to making a meaningful difference to how we can help the local economy grow sustainably.
"We are harnessing technology that is innovative and also informed by world-renowned research.
"This collaboration between the council, business and academia will help the community to be better served with respect to access to transportation that is using green energy. This enlightened approach will help our collective aspirations on the drive to achieving net zero whilst creating cleaner spaces and places for future generations to flourish. "
