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Google will invest $80 million in solar farms in California, Arizona

Google to invest millions in solar farms across California and Arizona (NASDAQ:GOOG)

| Science, Space & Robotics News | Posted: Nov 18, 2013 6:29 am

Google is pumping another $80 million into alternative energy projects, where it will partner up with solar developer, Recurrent Energy, and private equity firm KKR & Co. on the two projects.

 

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The $80 million will be used on six utility-scale solar facilities in California and Arizona, with the sunlight being captured enough to generate power for more than 17,000 homes. Google said on its official blog: "You'd think the thrill might wear off this whole renewable energy investing thing after a while. Nope -- we're still as into it as ever, which is why we're so pleased to announce our 14th investment."

NEWS SOURCES:Latimes.com

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