Google Moves Into Wind Energy Terrain
The two North Dakota wind farm projects generate 169.5 megawatts of power and were developed by NextEra Energy Resources.
"Through this $38.8 million investment, we're aiming to accelerate the deployment of renewable energy - in a way that makes good business sense, too," wrote Rick Needham, Green Business Operations Manager in the official Google blog.
The financial investment, says Good, is part of the three-pronged approach required for a clean energy future: effective policy, innovative technology and smart capital.
"Through our philanthropic arm Google.org, we've been pushing for energy policies that strengthen the innovation pipeline, and we've been dedicating resources to developing new technologies, including making investments in early-stage renewable energy companies such as eSolar and AltaRock," states Needham.
Google says the project uses some of the latest wind turbine technology and control systems to provide one of the lowest-cost sources of renewable energy to the local grid.
And it's clearly not the final energy investment since unveiling its $4.4 trillion "Clean Energy 2030" plan in 2008 to help the U.S. lessen its dependence on fossil fuels.
Google's green energy projects have included large solar power installations, a plug-in hybrid electric vehicle program, investments in eSolar and AltaRock (for geothermal systems), and energy-efficient data centers.
"We look forward to finding more opportunities to invest in renewable energy projects that use the latest technologies to push the envelope for delivering low cost clean energy. We'll let you know what we find," wrote Needham.
Hanwha Advanced Materials Plans Cartersville, Georgia, Manufacturing Plant
Placid Refining,Baton Rouge,Port Allen, Louisiana
Toyota Boshoku Tennessee Expands Jackson, Tennessee, Metal Stamping Facility
South Korea-Based Dongwha Electrolyte USA Plans Clarksville, Tennessee, Production Plant
Blue Buffalo Expands Richmond, Indiana, Production Complex
Schrödinger Expands New York, New York, Research Operations
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability
The Top Investment Location Prospects for Aerospace Manufacturing
2022 Top States for Doing Business Provide an Environment for Business Growth
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
How Are Economic Developers Partnering to Solve Workforce Challenges?
Strategies to Overcome Intensifying Industrial Real Estate Challenges