Google shelled out $168 million for a solar energy plant that BrightSource Energy is building in the Mojave Desert. It is the search engine's largest investment in clean energy to date.
11 said it put $168 million into a solar energy power plant BrightSource
is building in California's Mojave Desert, easily the
search engine's largest investment in clean energy to date.
Clean energy-also known as sustainable, renewable and green energy-includes hydroelectricity,
solar energy, wind energy, wave power, geothermal energy, bioenergy and tidal
Ivanpah Solar Electric Generating System, which will also be financed by NRG
and with clean energy technology loans from the U.S. Department of Energy,
certainly falls in the solar energy category.
employs a field of 173,000 heliostats, each with two mirrors, to redirect the
sun's rays onto a solar receiver on top of a tower.
receiver generates hot (up to 1,000 degrees Fahrenheit), high-pressure steam,
which in turn spins a turbine and generator to make electricity.
construction is complete in 2013, the Ivanpah Power Tower will be roughly 450
feet tall and will generate 392 gross megawatts of clean solar energy.
director of green business operations for Google
, said this is the equivalent of taking
more than 90,000 cars off the road over the projected 25-year lifetime of the
excited about Ivanpah because our investment will help deploy a compelling
solar energy technology that provides reliable clean energy, with the potential
to significantly reduce costs on future projects," Needham explained.
massive consumer of energy to power the thousands of computers that fuel its
search and Web services, has pumped more than $250 million into clean energy.
Google's investments to date have been either in wind and/or tidal energy.
October invested 37.5 percent into the Atlantic Wind Connection
backbone, which is meant
to power offshore windmills by connecting undersea cables along the Atlantic
May pumped $38.8 million into two NextEra
wind farms in North Dakota, and late in
July agreed to buy 114 megawatts of clean energy from one of those wind farms
at a predetermined rate for 20 years.
gained the right to buy and sell power on regulated wholesale markets from the
Federal Energy Regulatory Commission in February 2010.
earned $29 billion last year from advertising, is just one of many clean energy
Energy Finance said nearly $243 billion was invested in 2010 in wind farms,
solar power, electric cars and other alternative technologies worldwide,
representing a 30 percent increase from 2009.