google turns up investment in solar power
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Google turns up investment in solar power

Egypt Today, egypt today

Egypt Today, egypt today Google turns up investment in solar power

San Francisco - AFP

Google on Tuesday ramped up its investment in clean energy by backing the construction of solar panels that will feed electricity to California's power grid. The Internet giant announced that it is pumping $94 million into Recurrent Energy projects near the state's capitol of Sacramento, raising its investments in Earth-friendly power generation to $915 million. "We believe investing in the renewable energy sector makes business sense and hope clean energy projects continue to attract new sources of capital to help the world move towards a more sustainable energy future," Google assistant treasurer Axel Martinez said in a blog post. Backing Recurrent marked Google's first time investing in large scale solar photovoltaic power plants that generate energy for the US electric grid instead of on individual rooftops, according to Martinez. The projects were expected to generate enough electricity to meet the demands of more than 13,000 homes. Google has also committed to funding to help more than 10,000 homeowners install solar panels on home rooftops. California-based Google said that it was joining investment firm Kohlberg Kravis Roberts & Company to back the Recurrent projects.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

google turns up investment in solar power google turns up investment in solar power



 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday