Google has announced to invest an extra 3 billion euros to expand its data centers in Europe within 2 years of time period.
Google is going to invest additional 3 billion euros to expand its data centers in Europe, Chief Executive Sundar Pichai announced in Finland. Company aims to complete the process of expansion within in 2 years.
CEO Google met Finish Prime Minister Antti Rinne on Friday. The Google’s new addition of investments will lead to total investment for European Data centers to 15 billion euros since 2007.
Big section of the Google’s additional investment is expanding the data centers in Hamina, Finland in 2020 by spending 600 million euros, Pichai said joint press conference with Finland’s Prime Minister Antti Rinne. Company already has a data center in Hamina which it created with the investment of 800 million euros by converting oil paper mill, acquired in 2009. Now the new investment of 600 million is also purposed for the same site. The other Google projects in Europe are located in Belgium, Netherlands and Ireland.
While recent announcements related to renewable energy projects in Europe indicates almost half of the megawatts of electricity will be produced in Europe with 10 renewable energy projects to meet company’s requirements.
“Our investments generate economic activity for the region and support more than 13,000 full-time jobs in the EU every year, according to a study published today by Copenhagen Economics,” CEO Pichai said in a statement via blog post. “Our Hamina data center is a significant driver of economic growth and opportunity. It also serves as a model of sustainability and energy efficiency for all of our data centers.”
Pichai also revealed the plans to meet with Government officials from across the Nordic countries. He said in the statement, “We look forward to partnering with governments and other stakeholders in the months and years ahead. Together, we can make sure every European benefits from a strong and sustainable digital economy.”