The Europe Green Data Center Market size is estimated at USD 8.89 billion in 2024, and is expected to reach USD 12.76 billion by 2029, growing at a CAGR of 7.5% during the forecast period (2024-2029).
Europe green data center market is fragmented as vendors adopt inorganic growth strategies such as strategic partnerships and mergers and acquisitions to expand the market foothold. Key players are IBM, Cisco Systems, Inc., Dell Technologies Inc., etc.
In September 2022, A new data center of OVHcloud is being constructed in Limburg, Germany. The new building, which was first announced in April 2022, would have more than 6,000 square meters (64,580 sq ft) of floor space available for 40,000 servers, which OVH stated equates to a storage capacity of 100 exabytes. OVH highlighted the green qualities of the new facility. According to the company, the new data center will get 100 percent of its electricity from renewable sources. Also, OVHcloud will be using its patented water cooling technology, waste heat from the servers will be used for underfloor heating in the adjoining offices, and will have an ecological green roof with plants on the facades and trees on the site.
In July 2022, In Hanu, Germany, a sizable data center park is being planned by European logistics real estate company P3 Logistic Parks. At least eight data center modules will be developed on a building area of about 200,000 square meters (2.1 million square feet) over 10 years, with an electrical supply of 180 megawatts (MW) at the site. Construction will be done in phases. The on-spec campus, according to P3, would be developed and run sustainably, and it will be powered entirely by renewable energy.
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