Energy Cheaper Than Coal,’ Google is investing in eSolar, Inc., a
Pasadena, California-based company specializing in solar thermal power.
“Google.org’s hope is that by funding research on
promising technologies, investing in promising new companies, and doing
a lot of R&D ourselves, we may help spark a green electricity
revolution that will deliver breakthrough technologies priced lower
than coal,” noted Dr. Larry Brilliant, Executive Director of
Google.org, Google’s philanthropic arm.
Google intends to invest
in a range of renewable energy sources with ‘tens of millions’ being
allocated to research in these fields starting in 2008.
“We have
gained expertise in designing and building large-scale,
energy-intensive facilities by building efficient data centers,” said
Larry Page, Google Co-founder. “We want to apply the same creativity
and innovation to the challenge of generating renewable electricity at
globally significant scale, and produce it cheaper than from coal.”
Google
recently installed 1.6MW of solar power modules at its Mountain View
campus and is one of the largest single installations at a U.S.
company.
For more information on Google’s commitment to a clean energy future, see http://www.google.com/renewable-energy.
