toggle

AAPL Stock: 113.29 ( + 0.37 )

Printed from http://www.macnn.com

Google puts $75 million into wind farm, $1B into renewables

updated 03:36 pm EST, Thu November 15, 2012

Google's investment in renewable energy approaches $1 billion

Google announced today that it was making an equity investment of $75 million in a 50MW wind farm near Des Moines, Iowa. The Rippey project, located in Greene County, is expected to power more than 15,000 homes in Iowa with turbines produced by Nordex USA in Jonesboro, Arkansas. The new investment brings the search giant's total committed investment in the renewable energy sector to nearly $1 billion.

The Rippey project will was developed by RPM Access, and is part of Google's ongoing effort to increase the amount of renewable energy going into the power grid in Iowa, where Google operates a data center. In 2010, the company signed a long-term contract to purchase wind energy from NextEra Energy Resources. The Rippey project will sell its energy directly to the Central Iowa Power Cooperative, which will deliver energy to local consumers.

A post on the Official Google Blog points out that this $75 million investment brings Google's total investment in renewable energy sources to more than $990 million. Google also has invested in rooftop solar, large-scale photovoltaic plants in California, residential solar, and Atlantic wind power, among other projects.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented