Tuesday, June 14, 2011

Google invests $55 million in Mojave Desert wind farm

The Internet search giant's efforts could help California regain its status as the world's wind power capital, industry experts say.
 
The Internet search giant made the announcement in Anaheim at the industry's largest gathering, where wind farm developers and turbine makers said the investment could be a key step in California's efforts to regain its once enviable title as the world's capital for wind power.
"We just fell off a cliff," said Gary Polakovic, a consultant for San Diego wind energy developer EnXco Inc. "But all eyes are on California now. It's our chance to do this right."

Google said Tuesday that it was partnering with Citibank, which is also shelling out $55 million to help finance part of the Alta Wind Energy Center, one of the world's largest wind installations.
 
 

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