Google invests $168 million in solar power plant (AFP)
Monday, April 11, 2011 4:01 PM By dwi
WASHINGTON (AFP) – Google said Monday it has endowed $168 meg to hold complete the cerebration of one of the world's large solar forcefulness noesis plants in California's desert Desert.
The plant, which is existence matured by BrightSource Energy, module create 392 large megawatts (MW) of decent solar forcefulness when it is complete in 2013, sufficiency to supply noesis to 85,000 homes a year.
"That's the equal of attractive more than 90,000 cars off the agency over the period of the plant, projected to be more than 25 years," Google's director of green playing dealings Rick Needham said in a journal post.
"The assets makes playing significance and module hold secure that one of the world's maximal solar forcefulness projects is completed," Needham said.
The US Department of Energy said meanwhile that it has finalized $1.6 billion in give guarantees to hold the Ivanpah Solar Energy Generating System.
"Today's announcement is creating over 1,000 jobs in Calif. while laying the foundation for thousands more decent forcefulness jobs crossways the country in the future," US Energy Secretary Steven Chu said in a statement.
"Through the give information we are supporting some of the largest, most original decent forcefulness projects in the world, and those investments are serving us to out-compete and out-innovate our orbicular competitors to get the future," Chu said.
President Barack Obama's brass has been encouraging companies to equip in green growth, calling it a newborn source of jobs and fearing that another nations -- led by China -- are stealing the march.
The Ivanpah send uses mirrors titled heliostats to focus the rays of the sun onto a solar receiver on top of a tower. Steam generated by the solar receiver spins a turbine and shaper to make electricity.
The Ivanpah Power Tower module be 450 feet (137 meters) tall when it is complete and module use more than 173,000 dual-mirror heliostats.
The send is existence built by US field colossus Bechtel and cerebration began in October 2010.
The Mountain View, California-based Google said the BrightSource assets brings the company's amount assets in decent forcefulness projects to $250 million.
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