Google to Invest Hundreds of Millions of Dollars in Alternative Energy

From Reuters:

Google Inc is prepared to invest hundreds of millions of dollars in big commercial alternative-energy projects that traditionally have had trouble getting financing, the executive in charge of its green-energy push said on Wednesday.

The Internet search giant, which has said it will invest in researching green technologies and renewable-energy companies, is eager to help promising technologies amass scale to help drive the cost of alternative energy below the cost of coal.

(continued)

It’s nice to see private groups getting involved like this.

Advertisement