Login or Register
Welcome , Settings |  Logout

Google Invests $200 Million in 161-Megawatt Texas Wind Farm

Wednesday, 09 Jan 2013 05:59 PM

 

Share:
More . . .
A    A   |
   Email Us   |
   Print   |
Google Inc. is investing $200 million in a Texas wind farm, the Internet search leader's latest big bet on the future alternative energy.

The commitment to the Spinning Spur Wind Project announced Wednesday brings Google's total investments in alternative energy to about $1.2 billion. The company has backed 11 different projects with a combined capacity to produce 2 gigawatts of electricity — enough to power about 500,000 U.S. homes for a year.

Google has been pouring money into alternative energy since 2010 because it believes the investments will prove profitable as the demand for cleaner sources of power rises amid increasing concerns about the pollution caused by oil and coal. The company, which is based in Mountain View, Calif., is consuming more power as it builds more data centers to run its Internet search engine and other online services used by more than 1 billion people throughout the world.

The Texas wind far is located in Oldham County, Texas, about 35 miles from Amarillo in the state's panhandle section. The wind farm, developed by EDF Renewable Energy, can produce up to 161 megawatts of electricity.

© Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
Join the Newsmax community.
Register to share your comments with the community. Already a member? Login
Note: Comments from readers do not necessarily reflect the viewpoint of Newsmax Media. While we attempt to review comments, if you see an inappropriate comment you can block it by rolling over the comment, clicking the down arrow and selecting "Flag As Inappropriate."
blog comments powered by Disqus
 
Email:
Country
Zip Code:
 
You May Also Like
Around the Web
 
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved