Google has announced a $200 million investment in the Spinning Spur Wind Project, a wind farm in western Texas that has the ability to generate power for about 60,000 U.S. homes. It is being built by EDF Renewable Energy with turbines from Siemens, and SPS, a local utility, will be purchasing the power.
This investment brings Google’s renewable energy investments up to a staggering 2 gigawatts of power, enough to power 500,000 U.S. homes for a whole year.
One of Google’s biggest motivators in all of its green investments is its plan to use more clean power for its data centers. Clean power investments also offer a decent return on hefty balance sheets, making it a really wise investment for large corporations such as Google. More good news is that the recent fiscal cliff deal included an extension to wind power tax credits, so there is still plenty of incentive for companies to invest in wind projects.
Image CC licensed by Steve Jurvetson: Goopleplex rooftops and car parks — blanketed in solar cells