Google invests bigtime in Wind Farms
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Search engine Google has made its first direct investment in utility-scale renewable energy, at two wind farms in North Dakota.
The company announced on Friday that it has invested $38.8 million in the 120MW Ashtabula II wind project in Barnes County and the 49.5MW Wilton Wind 2 wind farm in Burleigh County.
The two wind farms in North Dakota were developed by Florida-based wind energy company NextEra Energy Resources, which sold $190 million in membership interests in its projects last week.
Using existing transmission capacity to deliver their power, the Google-backed wind farms generate 169.5 megawatts of energy – enough to provide electricity for more than 55,000 homes.
Although the North Dakota wind farms will not provide power for Google’s own operations, the company which achieves revenues of $3.6 billion per quarter said it aimed to invest in renewable energy projects in order to drive progress in the technology.
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