Wednesday, June 15, 2011

Google Invests $280 Million in Solar Systems

In the latest sign that big money is flowing from many directions into solar power, Google's latest clean energy investment is $280 million in Solar City to install about 10,000 rooftop solar systems.  The deal is a win-win for Google and Solar City.

The deal also will lead to another approximately 60 megawatts of distributed solar systems in California that will benefit the environment, create jobs, increase supply and grid reliability.

This large investment in small, distributed solar generations displays the unique flexibility of solar power.  Solar power now ranges from very large, utility scale projects to rooftop systems for homes.

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