Government / Industry

Google Invests $168M in Mojave Solar Project

Google Invests $168M in Mojave Solar Project

Google is investing $168-million in an alternative power project that hopes to make enough solar energy to power 140,000 homes.

The company announced their plan this week as part of the financing that BrightSource Energy needs to build solar power plant in California’s Mojave Desert. BrightSource also has lined up $1.6-billion in loans guaranteed by the U.S. Department of Energy and a $300-million investment from NRG Energy Inc. The project, known as the Ivanpah Solar Electric Generating System, is supposed to generate about 392 gross megawatts when it is completed in 2013.

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