Google Invest $94 Million In Solar Energy [Headlines]

Google Invest $94 Million In Solar Energy [Headlines]
Luxury

The search giant has contributed to four separate photovoltaic projects to help power plants contribute solar energy to the grid.

Dory Carr-Harris, PSFK
  • 21 december 2011

We’ve made a new $94 million investment in a portfolio of four solar photovoltaic (PV) projects being built by Recurrent Energy near Sacramento, California. This brings our portfolio of clean energy investments to more than $915 million. We’ve already committed to providing funding this year to help more than 10,000 homeowners install solar PV panels on their rooftops. But this investment represents our first investment in the U.S. in larger scale solar PV power plants that generate energy for the grid—instead of on individual rooftops. These projects have a total capacity of 88 MW, equivalent to the electricity consumed by more than 13,000 homes. Google Blog

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