Google invests $75 million in Texan wind farm, its 15th renewable energy investment
- 15 January 2014
LONDON: Google has invested US$75 million in a wind farm in Texas, marking the global tech leader’s 15th renewable energy investment.
The wind farm, Pattern Energy’s Panhandle 2, is located in Carson County. Once up and running by the end of 2014, the 183 megawatt farm could power around 56,000 homes in Texas.
Google’s move is part of its wider sustainability strategy and ambitious aim to become completely powered by renewable energy.
Nick Coons, Principal, Renewable Energy, Google, wrote on the company’s official blog: “It sure is windy in Texas. So windy, in fact, that we’ve made another wind energy investment there. […] In addition to these two projects, we’re also buying Texas wind from the Happy Hereford wind farm as part of our goal of operating on 100% renewable energy. These efforts reflect our long-standing commitment to renewable energy as both an investor and a consumer.”
As Google's 15th investment in renewable energy, the wind farm joins a powerful green portfolio. By the end of 2012, Google’s renewable energy investments had already totalled an amount that could feasibly generate over 2 gigawatts.
It is also Google’s second renewables investment in Texas. In 2013, Google invested US$200 million in another wind farm in the state, developed by EDF Renewable Energy.
But while these investments seem bold, Google’s biggest ever clean tech investment happened yesterday, when it aquired home energy-use system company Nest for US$3.2 billion.
By Clare Saxon