Google invests 1 billion euros in clouds in Germany

Google invests 1 billion euros in clouds in Germany

The company previously indicated that it will start making serious investments in 2021.

Google announced Tuesday that it will invest 1 billion euros ($1.2 billion) by 2030 to expand its cloud computing infrastructure in Germany and increase the use of renewable energy sources. The company said it plans to set up new cloud computing centers in the Berlin region and in Hanau, near the DE-CIX data exchange in Frankfurt.

Google will buy more than 140 megawatts of electricity in the coming years from the German subsidiary of French utility Utie Engie to operate data centers.

ENGIE ensures that 80 percent of its electricity comes from zero-carbon sources, including a new solar park and 22 existing wind farms in Germany. Google has announced that it intends to use 100 percent renewable energy by 2030.

German Economy Minister Peter Altmaier described the announcement as a “strong signal” for green energy and digital infrastructure – mentioned Associated Press.

Google previously indicated that it will start making serious investments in 2021. In the spring, it was announced that it would spend $7 billion on data centers and office space in the United States to boost its activity after the Covid-19 epidemic, which would create at least 10,000 new jobs.

Data center expansions are used to dramatically increase a company’s cloud business. Business reports revealed that this area of ​​the company suffered a loss of $5.61 billion last year on revenue of $13.06 billion. Thomas Kurian, Google Cloud CEO at the time, told investors that they were now focused on growing the business with the goal of future profitability. The current announcement indicates that intense developments are now spreading to Europe.

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