Tag Archives: united states

Google Invest $280M In Solar Energy

Pick me! Pick me!

Google is making its largest investment yet in clean energy, setting up a $280 million fund to finance home solar rooftop installations.

The search giant announced today it was teaming up with the Silicon Valley’s SolarCity—a company chaired by Paypal co-founder and Tesla Motors executive Elon Musk—in an effort to break down the biggest barrier to solar energy adoption: the cost.

“It’s a great way to support installations going into more homes,” said Google spokesperson Parag Chokshi.

The $280 million fund is the largest fund ever created for residential solar in the United States, according to SolarCity, which has raised a total of $1.28 billion in financing capacity during its five-year history.

Google over the past several years has invested in large, utility-scale wind and solar, enhanced geothermal energy, and other renewable energy projects, for a grand total of more than $680 million in the sector. But today’s deal is not only Google’s largest foray into the sector, it is its first investment in distributed energy.

Read more at news.nationalgeographic.com



The Pareto Principle Of Intelligence In America

This is horrible. Really. Only good news is it proves the Pareto Principle still works.

Amplify’d from www.guardian.co.uk

Barack Obama believed to be a Muslim by one fifth of Americans

Read more at www.guardian.co.uk