In my case this issue occured on Itanium where is no Boot.ini file or 3gb switch, this helped me.
Error message: "Not enough server storage is available to process this command"
Cause: This issue may occur if the IRPStackSize registry entry on the server is set too low.
Resolution: You can increase the IRPStackSize value. You must first add this value to the following key if it is not already present:
Value Name: IRPStackSize
Data Type: DWORD
This event can occur if you are using the /3gb switch (boot.ini file) and have an outdated storport driver. To resolve this issue, you can either update your storport driver to the latest version or remove the /3gb switch.