A new report says Google is investing $168 million in an alternative energy project aiming to produce enough solar energy to light 140,000 homes. That’s right, 140,000!
The commitment, which, was announced last Monday is part of the very same financing that BrightSource Energy is in need of in order to build a brand new solar power plant in California’s Mojave Desert. BrightSource also has put together $1.6 billion in loans guaranteed by the U.S. Department of Energy and a $300 million investment from NRG Energy Inc.
Google Inc. has been dipping into its deep bank account to fund myriad projects which promise to generate energy from alternative and clever sources besides good old oil and of course coal. Google, the company has emerged as a major consumer of electricity as it has the habit of opening massive data centers in order to house the computers which run its Internet search engine, e-mail and various other online services.