Tuesday, June 14, 2011

Google creates $280-million solar power fund

In a move that could boost solar energy use in homes, Google Inc. is creating a $280-million fund to help finance rooftop installations -- the largest green investment it has ever made. "Google's leading the way and other companies could follow suit," said Lyndon Rive, chief executive of SolarCity, Google's partner in the project. "It's not just about a dramatic environmental impact, it's also a good return."  Read more at LATimes.com

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