Google Invests €1 Billion in Finland for AI-Driven, Wind-Powered Future

Google is to invest €1 billion in the expansion of its Finnish data center. It aims to supercharge its artificial intelligence business in Europe. Google’s decision confirmed the Nordic region’s importance for data centers.

The Nordic countries offer a cooler climate and tax breaks. Besides, they are offering plenty of renewable power. These factors attract big tech companies to host data centers there.

But Sweden and Norway are not so glad about hosting these data centers. They said that renewable power should be channeled into green steel production. Green steel offers higher surplus value for the countries.

But Finland’s wind power capacity has surged high. In 2022, it rose 75% to 5,677 megawatts. Prices even plunged into negative on windy days. So, there’s still renewable capacity for data centers like Google’s.