Google adds $168M to solar power plant
Google has invested $168 million in a solar power project in northeastern San Bernardino County.
Internet giant Google has invested $168 million in a solar power project in northeastern San Bernardino County and the federal Department of Energy has finalized a $1.6 billion loan guarantee, the company building the project announced Monday.That means Oakland-based Brightsource Energy has raised all the money it needs to build the Ivanpah solar power plant, which is already under construction on 3,500 acres of federal land near the 15 Freeway, a few miles from Primm, Nev.
"This is our largest investment to date," Rick Needham, Google's director of green business operations, wrote on the official Google Blog. "We're excited about Ivanpah because our investment will help deploy a compelling solar energy technology that provides reliable clean energy, with the potential to significantly reduce costs on future projects." The Ivanpah solar plant won't use solar panels to turn sunlight directly into electricity. Instead, the plant will use 173,000 mirrors to reflect sunlight onto three central towers, where the concentrated light will heat water into steam that will turn power turbines.
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Source: The Redlands Daily
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