Google Powering Up With More Wind
Google has made another investment into the renewable energy sphere, its fifteenth overall. It revealed this week that it in late December it finalized an agreement to invest $75 million in the Panhandle 2 wind farm in Carson County, outside of Amarillo.
The 182-MW facility is being developed Pattern Energy Group LP, has the capacity to generate enough renewable energy to power 56,000 U.S. homes. Google expects the facility to be operational by the end of 2014.
This is the second investment in Texas. A year ago it invested $200 million investment in the 161-MW Spinning Spur wind farm. Wind energy is also bought from the 240-MW Happy Hereford wind farm as part of the company’s goal to be powered 100 percent by renewable energy.
Google has committed more than $1 billion in 15 renewable energy projects totaling more than 2 GW of electricity annually.
Recently, Google and investment firm KKR invested in six solar photovoltaic facilities that are being developed and will be managed by Recurrent Energy. The solar facilities include five projects in Southern California and one in Arizona.
Last year the Internet giant purchased over 727,000 MWh of renewable energy via long-term contracts, covering 22 percent of its total electricity consumption.
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