Wednesday, January 4, 2012

Google made another clean energy investment

Google 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 Google's portfolio of clean energy investments to more than $915 million.

Google 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 their 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

Source: Google Blog
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