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.
Ultium Cells Joint Venture Plans Spring Hills, Tennessee, Battery Cell Manufacturing Plant
What’s Driving Record Industrial Real Estate Demand
2020 Top States for Doing Business Showcase Their Pro-Business Environments
2020 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Pandemic Fuels Data Center Growth
35th Annual Survey of Corporate Executives Commentary: Change in Site Selection Priorities and Plans Over the Short and Long Term
17th Annual Consultants Survey: Consultants Are Optimistic About the Year Ahead