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Site selection decisions that are currently in the proof-of-concept phase include underwater, like the Microsoft undersea data centre off the coast of Scotland; and underground, like the repurposed mine in Norway and the Oracle data centre in Israel.

“That all adds up to huge and growing quarterly investments in data centres. The big five US hyperscalers still lead in terms of quarterly data centre spending, but the Chinese hyperscalers are growing rapidly.”

The Netherlands is one of the top data centre markets for European investment, with expected investments of $4.5 billion USD through 2026. However, as hyperscale providers like Microsoft, Facebook, and Google look to expand their footprint in the region, they are increasingly met with protests by local grassroots organizations.

As businesses find new ways to serve customers, staff and partners it is no surprise that the past year has experienced more demand for data than in the previous six years combined.

With the completion of a Power Purchase Agreement (PPA), ReNew will supply RackBank’s hyperscale data centre with renewable energy.