Demand for data center capacity in Europe will shift up another gear in 2026 due to a combination of ongoing pressures and new trends. With the expected breakout of AI inference, the emergence of agentic AI and ongoing demand for general cloud computing, the data center industry is likely to grow at its fastest rate yet.

From the inception of Verne Global, sustainability and efficiency have been at the heart of our mission. We searched the planet for the optimal location for data centers and decided upon Iceland. It remains the only country in the world that generates all its energy from renewable sources. Iceland has set the global benchmark for sustainability and continues to lead the way. It also has the perfect climate for operating data centers with a year-round temperate climate that enables free cooling every day of the year for even the most intense infrastructure.

At Verne Global, we know Iceland’s 100% renewably powered energy grid is an ideal choice for the high performance computing and AI technologies driving today’s data center demand. Abundant, scalable power, is delivered by one of the world’s most modern grids. Iceland is also at the forefront of geothermal energy development by continuing to push boundaries in how its energy is extracted and used.