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VivoPower Signs Definitive Heads of Agreement with Open Innovation AI to Develop Secure Sovereign AI Data Centers Across the Nordics, Mainland Europe, the GCC and selective countries in Asia

$VIVOPress releaseOct 21, 2026, 8:18 AM ETRead the release

VivoPower signed definitive heads of agreement with UAE-based Open Innovation AI to jointly develop secure sovereign AI data centers across the Nordics, Mainland Europe, the GCC and select Asian markets. The partners see a sovereign AI opportunity of more than 40GW in Europe alone and will target at least 1GW of capacity over the next three years. VivoPower will lead site development, power procurement and facility operations, while Open Innovation AI provides the AI orchestration, operations and security layer.

Key figures

Target horizon years
3
Targeted capacity gw
1
Sovereign ai opportunity europe gw
more than 40GW

AI analysis

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