Google Spends Like No Tomorrow, Drops Another $100 Million On Wind Farm
Following two investments in solar technology, Larry Page is showing who’s boss in making a third investment since taking over the reigns as CEO. Google’s latest investment brings its total spending to just under $300 million dollars so far this year. Google will now be investing in a nearby state to Silicon Valley, Oregon. The high tech giant will be spending $100 million in the Shepherds Flat Wind Farm (not pictured) in Arlington, Oregon.
Google will be joining the project with Caithness Energy, General Electric, Tyr Energy, and Sumitomo Corporation of America. The wind farm is still under construction but is expected to be the largest wind farm in the world! One the project has been completed, the farm will produce 845 megawatts of energy, allowing power to be saved in 235,000 homes.
Rick Needham, Director of Green Business Operations for Google claimed that the project was exciting due to the massive size and scale, as well as the use of advanced technology. He further noted that the project will be the first commercial wind farm in the US to deploy turbines that use permanent magnet generators. The Shepherds Flat Wind Farm is expected to help Oregon’s state of affairs and will help California meet its renewable energy goals. Additionally, any electricity generated at the wind farm will be sold to Southern California Edison under “long term agreements.” The Shepherds Flat Wind Farm will be completed next year. I wonder how many investments Google will have to make before the majority of companies do the same.