12 Apr '11, 2pm

Google & GE Drop Big Money on Solar

Google & GE Drop Big Money on Solar

Google and GE, both of which certainly didn't start out in the solar arena, have made a number of big solar energy announcements in the last week. Google announced that it was investing €3.5 million (approximately $5 million) into an 18.7-MW solar power plant in Germany. The power plant, which will be located near Berlin, is expected to generate enough power for 5,000 German homes. 70% of the solar panels will come from Germany. This is Google's first cleantech investment outside of the United States. Of course, with an extremely renewable-energy-friendly government in Germany, investment there comes easy. It was also announced today that Google would invest considerably more money here in the U.S. in a utility-scale solar thermal project in the California desert being planned by BrightSource Energy. The project, the Ivanpah Solar Electric Generating System, will include t...

Full article: http://earthandindustry.com/2011/04/google-ge-drop-big-mo...

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