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Future Energies

Google's commitment to a clean energy future

Articles / Eco-business
Posted by gfoat on Nov 28, 2007 - 07:56 AM

Google recently announced a new strategic initiative [1] to develop electricity from renewable energy sources. The newly created initiative, known as RE<C [2], will focus initially on solar systems, wind technologies, enhanced geothermal systems and other potential breakthrough future energy technologies. In 2008, Google expects to spend tens of millions on research and development and related investments in renewable energy. As part of its capital planning process, the company also anticipates investing hundreds of millions of dollars in breakthrough renewable energy projects. Google will work with a variety of organizations in the renewable energy field, including companies, R&D laboratories, and universities.

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