Google Invests in Wind Farms
May 3, 2010
From Michael Kannelos at Greentech Media: Last year, Google surprised people when it said it would begin to invest in renewable power projects. Today, it followed through with the plan. The search giant said it has invested $38.8 million into two wind farm projects in North Dakota that will generate 169.5 megwatts of power. NextEra Energy Resources is the developer.
“To tackle this need, we’ve been looking at investments in renewable energy projects, like the one we just signed, that can accelerate the deployment of the latest clean energy technology while providing attractive returns to Google and more capital for developers to build additional projects,” Google stated. Read more