EGP hovers vs USD in early Wednesday trade    UN Palestine peace conference suspended amid regional escalation    Egypt advances integrated waste management city in 10th of Ramadan with World Bank support    Hyatt, Egypt's ADD Developments sign MoU for hotel expansion    Serbian PM calls trade deal a 'new page' in Egypt ties    Reforms make Egypt 'land of opportunity,' business leader tells Serbia    TMG climbs to 4th in Forbes' Top 50 Public Companies in Egypt' list on surging sales, assets    Egypt, Japan's JICA plan school expansion – Cabinet    Egypt's EDA, AstraZeneca discuss local manufacturing    Israel intensifies strikes on Tehran as Iran vows retaliation, global leaders call for de-escalation    Egypt issues nearly 20 million digital treatment approvals as health insurance digitalisation accelerates    LTRA, Rehla Rides forge public–private partnership for smart transport    China's fixed asset investment surges in Jan–May    Egypt secures €21m EU grant for low-carbon transition    Sisi launches new support initiative for families of war, terrorism victims    Egypt, Cyprus discuss regional escalation, urge return to Iran-US talks    Egypt nuclear authority: No radiation rise amid regional unrest    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt slams Israeli strike on Iran, warns of regional chaos    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Google goes for solar power investment
Published in Bikya Masr on 14 - 06 - 2011

LOS ANGELES: Internet search engine giant and leading technology company Google said on Tuesday that it was to invest $280 million to finance a number of home solar projects. It is the company's largest effort to date in order to promote clean energy.
It isn't the first initiative for Google to help buttress environmentalism. In it's Dublin office, the cafeteria is vegan, which is the top way to reduce ones carbon footprint on a daily basis, researchers have reported.
“It is nice to see that Google is looking to the future more and more these days,” said John Humphreys, a Los Angeles-based green activist who has worked with Greenpeace and other leading environmental protection agencies.
“When companies like this start to get the PR going, it will help get others on board and really start this green revolution we have been waiting for,” he added.
The funding for the solar project will go towards SolarCity, a company providing solar energy options for homeowners and businesses, including installations across the United States.
“This is our largest clean energy project investment to date and brings our total invested in the clean energy sector to more than $680 million,” said Rick Needham, Google's director of green business operations.
“We continue to look for other renewable energy investments that make business sense and help develop and deploy cleaner sources of energy,” he wrote in a blog post.
He added that Google had also entered into a partnership with SolarCity to provide solar power to the homes of Google employees at a discount rate.
“Starting at home is the most important way of getting our employees and our staff to work toward a comprehensive solution to the global climate problem,” a Google official told Bikya Masr on Tuesday.
Google last month announced a $55 million investment in a California wind energy farm, and in April, the Mountain View, California-based company announced a $100 million investment in a wind farm being built in Oregon.
Google in April also said it has invested $168 million to help complete the construction of one of the world's biggest solar power plants in California's Mojave Desert.
BM


Clic here to read the story from its source.