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Google invests 280 million in solar energy.

17/11/2012

Google announced that it was investing $ 280 million in a project to expand the use of solar energy by individuals.

Google announced that it was investing $ 280 million in a project to expand the use of solar energy by individuals. This amount will create a fund to help the company to fund SolarCity to install solar equipment for individuals and businesses. “This is our largest investment to date in a clean energy project, and it brings to more than $ 680 million the total amount we have invested in the sector “, noted on the Google blog in charge this sector, Rick Needham. “We continue to seek alternative investments in renewable energy, “said Needham.

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He said that partnering with SolarCity also allow for Google employees to equip themselves at a discount.

Last month Google announced an investment of $ 55 million in a wind turbine site in California in April and another 100 million dollars for wind power in Oregon. In April, Google had also announced an investment of $ 168 million to help complete one of the biggest projects of solar energy in the world in the Mojave Desert, California, and an investment of 3.5 million Euros in a photovoltaic park in Germany.

wreporter.com
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