Wednesday, 28. November 2007
Topic: GOOGLE - on November 28, 2007 at 12:18:00 PM CET
Google Invests in Green with Renewable Energy Initiative
The Mountain View company announced on Tuesday a new research and development group whose mandate will be to continue to develop electricity from renewable energy sources much cheaper (and cleaner) than coal. The new initiative, dubbed Renewable Energy Cheaper than Coal, will primarily target energy sources like advanced solar thermal power, wind power technologies and enhanced geothermal, according to Google co-founder Larry Page, and the company plans to shell out tens of millions of dollars in 2008 on R&D and related investments.
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