Google Searches Green Energy

Company pledges to spend hundreds of millions on renewable energy initiative
By Nick McMaster,  Newser Staff
Posted Nov 27, 2007 5:19 PM CST
Aerial view of solar carports constructed by EI Solutions at the Google headquarters campus in Mountain View, Calif. (Photo   (Associated Press)
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(Newser) – Google is making a huge financial push to replace coal with cleaner, cheaper renewable energy. The company says it will invest "tens of millions" in the search next year, starting with solar, wind, and geothermal technology, and hundreds of millions more in subsequent years, MarketWatch reports. The company says it can reach its goal “in years, not decades."

Co-founder Larry Page says Google will bring its "creativity and innovation to the challenge of generating renewable electricity at a globally significant scale." In addition to its own R&D, the company will invest large sums in smaller alternative-energy firms. Google already powers its HQ with one of the largest corporate solar-panel installations in the US.