Today is a great day for renewables! On the heals of California’s milestone in solar energy production comes the announcement that Google is making additional investments in Wind energy. Google has long invested in emerging renewable energy technology and research, so this is just another great step in the companies policy of sustainable energy investments.
Google’s total investments in alternative energy has now reached over $1 billion. The firm has backed numerous projects since 2010, bringing the total amount of electrical capacity in which Google invests to about 2 gigawatts of electricity, which is enough to power approximately 500,000 U.S. homes annually.
Read the full Article: http://www.smartplanet.com/blog/bulletin/google-invests-200-million-in-texan-wind-power/9848?tag=nl.e660&s_cid=e660
From Googles Blog:
In late December, while most of us were busy wrapping presents, our Treasury team was tying a bow on our most recent renewable energy deal: an approximately $200 million equity investment in a wind farm in west Texas that generates enough energy to power more than 60,000 average U.S. homes.
Spinning Spur Wind Project is located in Oldham County, a wide open, windy section of the Texas Panhandle located about 35 miles from Amarillo. The 161 megawatt facility was built by renewable energy developer EDF Renewable Energy, a veteran in the industry that has overseen more than 50 other clean energy projects. Spinning Spur’s 70 2.3 MW Siemens turbines started spinning full time just before the end of the year, and the energy they create has been contracted to SPS, a utility that primarily serves Texas and New Mexico.
Way to go, Google! Your commitment to renewable resources is a great asset to the world!
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