Landsvirkjun to supply 100% renewable power to Reykjavík DC

28 February 2020 (Last Updated February 28th, 2020 10:36)

Iceland’s national power company Landsvirkjun has signed a green power purchase agreement (GPPA) to supply 100% certified renewable energy to computing data centre Reykjavík Data Center (Reykjavík DC).

Landsvirkjun to supply 100% renewable power to Reykjavík DC
Landsvirkjun will supply clean energy to the data center from its hydropower, geothermal energy and wind power facilities. Credit: The Icelandic National Broadcasting Service – Ríkisútvarpið (RÚV).

Iceland’s national power company Landsvirkjun has signed a green power purchase agreement (GPPA) to supply 100% certified renewable energy to computing data centre Reykjavík Data Center (Reykjavík DC).

Reykjavík DC will receive the clean energy from Landsvirkjun’s hydropower, geothermal energy and wind power facilities. In recent years, the company has increased the power generating capacities at these facilities.

Landsvirkjun CEO Hörður Arnarson said: “We are excited to welcome Reykjavík DC to our growing number of customers and to support the continued growth of the data industry in Iceland.

“This contract confirms the ongoing demand for renewable energy from Landsvirkjun, as well as Iceland’s contribution to the data centre and renewable energy industries.”

The agreement will also enable Reykjavík DC to issue green bonds to finance further expansions as part of its green focus.

Following the agreement, Reykjavík DC has become Landsvirkjun’s fourth customer in the data centre industry, one of the fastest-growing industries in the world.

Reykjavík DC board chairman Gísli Valur Guðjónsson said: “This data centre meets the highest customer standards and is strategically located to ensure power security from the grid, offer efficient transport routes, and lower any risk of the natural disaster.

“Our agreement with Landsvirkjun is a milestone for the industry and a crucial response to the ongoing demand for a high-tech data centre in the capital area.

“The companies behind the data centre are well-established in the Icelandic market, and with this project becoming a reality, we are now in a strong position to attract new customers both in Iceland and abroad.”

Reykjavík DC offers bespoke server density options and hosting environments to its clients.