After Google's parent company Alphabet announced last month that it would make its largest single investment ever in Europe in Finland, the data center construction boom in Finland continues to advance, with multiple new projects being unveiled one after another.

Finland's relatively cool climate, abundant renewable electricity, and available grid capacity have attracted companies including Alibaba Group and Applied Digital Corp to announce data center investment plans in recent weeks.

Currently, the total investment in projects planned and under construction within Finland has exceeded 67 billion euros (equivalent to 75 billion US dollars).

French AI infrastructure company Sesterce SAS said on Thursday that it plans to invest more than 10 billion euros to build a data center campus on the site of the former Kainuun paper mill in Jämsä, with a long-term target computing capacity of more than 1 gigawatt.

Applied Digital's project design computing capacity can also be expanded to 1 gigawatt, but the company did not disclose the investment amount.

Nordic data center operator atNorth ehf also plans to build a data center of up to 230 megawatts in Salo.

Alibaba did not disclose project details, but plans to establish cloud regions in Turkey and the Netherlands while expanding its data center network in Europe and the Middle East.

The Chinese technology company aims to reach a total global data center computing capacity of 20 gigawatts by 2032.

Finland, with its relatively abundant low-carbon electricity, cool climate, and large amount of available industrial land (including old factory buildings with their own grid connections), is attracting numerous data center developers to set up operations.

This week, Google received an order to suspend preparatory work at two campuses in Muhos and Kajaani, waiting for environmental impact assessments to be completed before forest clearing and other construction work affecting nature begins.

The密集 announcement of numerous data center investment projects has sparked domestic discussions in Finland about power supply and electricity prices, with particular attention paid to the issue of ensuring residential electricity supply.

The Finnish government is drafting relevant legislation to change the current "first-come, first-served" principle, granting review authority to examine project grid connection applications; it also plans to legislate requiring operators to complete registration.

Parliament generally believes that the data center industry needs stronger regulation.