Tuesday, April 12, 2011


The solar investments from Google just keep on comin’, and this time, it’s a biggie. On Monday afternoon, the search giant announced its largest investment in renewable energy to date: $168 million into one of the first utility-scale solar projects being built by startup BrightSource Energy in California’s Mojave Desert.
Even for the clean power fans at Google, the size of the funding is impressive. To date, Google’s investments in solar and wind farms have been considerably smaller, including announcing last week that it would put €3.5 million ($5 million USD) into a solar photovoltaic farm in Brandenburg an der Havel, Germany, which is near Berlin. In May 2010, Google announced it planned to invest $38.8 million into 169.5 megawatts worth of wind projects developed by NextEra Energy Resources in North Dakota. And Google has made a variety of smaller equity investments into greentech startups over the past few years.

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