More than 90% of the profits received from Google search queries, but the company is investing heavily in the industry, at first glance unrelated to its main activity.
News agencies actively covered Google’s plans to build unmanned vehicles, augmented reality glasses and a space elevator. But relatively less known is the fact that this company is a major investor in the green energy industry.
Company Google (GOOG, Fortune 500), today announced another major deal in the energy sector: buying a $ 200 million wind farm in western Texas. According to the search giant, the station generates enough power to meet the needs of more than 60,000 households. All 70 turbines are located in a particularly windy area and continuously rotated over the last few weeks of 2012.
"We are looking for such projects, because in addition to creating more renewable energy sources and strengthen the local economy, they are also smart investments", - said Kojo Ako-Asare from Google.
Ako-Asare added that wind turbines offer "attractive income with respect to the risks."
Large data centers that require a fair cost of electricity. According to estimates of Greenpeace, the eight current Google server farms can consume up to 476 megawatts of electricity when running at full capacity. This is enough for the American cities. The assurances of Google, they use less energy because they have never fully loaded.
Spinning Spur station has already become the tenth investment in green energy that Google has made since 2010. It has become the second largest transaction that is second only to the acquisition of SolarCity for $ 280 million. Google acquired five solar power plants and wind farms five.
In total, the company has invested more than a billion dollars in renewable energy.
According to the company, these 10 projects capable of generating up to 2 gigawatts. This is enough to provide electricity for 500,000 households.