Dispense with your concerns that Google's interest in alternative energy is waning.
While the firm did recently close a high profile energy research group, Google just announced it has made a new $94 million investment in a portfolio of four solar photovoltaic projects currently under construction by Recurrent Energy near Sacramento, CA.
“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 said on its blog.
The internet giant said this new investment brings its total alternative energy investments to more than $915 million. In 2011 it helped more than 10,000 homeowners to install solar PV panels on their rooftops.
Read more at CleanTechies.com
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