Wednesday, November 21, 2012

Google Investing $75 Million Into New 50MW Wind Farm ...

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Google is continuing to show its commitment to development of a renewable energy economy, investing $75 million dollars into a 50MW wind farm in Rippey, Iowa.

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Google has invested a ton into clean energy in recent years, benefiting from the financial savings gained by doing so as well as the good PR (while doing its best to ?do no evil?). In particular, it has put most of it?s money into wind and solar power projects.

?The Mountain View behemoth keeps writing checks, and the latest one is The $75 million dollar investment is for an undisclosed stake in a 50-megawatt wind farm that?s located about an hour from Des Moines,? TreeHugger?s Michael Graham Richard writes.

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?The Rippey wind project, which is currently operational, was developed by RPM Access and should generate enough energy to power over 15,000 homes. The turbines were made by Nordex USA at their Jonesboro facility in Arkansas.?

This latest investment now brings Google?s total investments in renewable energy up to $990 million. I wonder if there will be some ceremony of sorts when it hits $1 billion.

Image Credits: Google; Google Maps Screen Capture (via TreeHugger)

Source: http://cleantechnica.com/2012/11/19/google-is-investing-75-million-dollars-in-new-50mw-wind-farm/

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