Google Directly Invests In Wind Power Project in North Dakota

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Google has invested $39 million in a 160-megawatt wind farm in North Dakota, marking the first time that the search engine giant has made a direct investment in a wind energy project.

Google’s philanthropic arm, Google.org, has previously invested in renewable energy startups, such as the solar thermal companies eSolar and Brightsource.

But the North Dakota wind power investment comes directly out of Google’s treasury and represents the company’s growing involvement in the renewable energy industry.

A Google spokesman said, “You can think of it as a way to diversify our cash holdings while investing in an area that we think is important to support.”

In February, the Federal Energy Regulatory Commission approved Google’s application to buy and sell electricity on government regulated wholesale markets.

Google is one of many Silicon Valley companies increasingly adopting and investing in renewable energy technologies.

Article appearing courtesy Yale Environment 360.

photo: Rural Learning Center

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Yale Environment 360 is an online magazine offering opinion, analysis, reporting and debate on global environmental issues. We feature original articles by scientists, journalists, environmentalists, academics, policy makers, and business people, as well as multimedia content and a daily digest of major environmental news. Yale Environment 360 is published by the Yale School of Forestry & Environmental Studies and Yale University. We are funded in part by the Gordon and Betty Moore Foundation and by the John D. and Catherine T. MacArthur Foundation. The opinions and views expressed in Yale Environment 360 are those of the authors and not of the Yale School of Forestry & Environmental Studies or of Yale University.

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