Google invests in two wind farms

Internet search giant Google Inc has invested $38.8 million in two wind farms in North Dakota that generate enough energy to power more than 55000 homes. The investment in the wind farms developed by NextEra Energy Resources is Google's first direct investment in a utility-scale renewable energy project. Google has so far invested in early-stage green start-ups such as solar thermal companies BrightSource Energy and eSolar.Through this $38.8 million investment we're aiming to accelerate the deployment of renewable energy in a way that makes good business sense too Rick Needham Google's green business operations manager wrote in a blogpost.The company said in late 2007 that it would invest in companies and do research of its own to produce affordable renewable energy � at a price less than burning coal � within a few years.
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