Google invests more than $1B in renewable energy projects

Google Solar Power

Google Inc. has invested more than $1 billion in renewable energy projects to help fuel the electricity demands of the company's data centers and related infrastructure.

The California-based company invested in 15 renewable energy projects in its most recent financial quarter, including wind farms and solar arrays primarily in the U.S., with a generation capacity of about 2-GW.

According to Google, about 34 percent of the company's operations are powered by renewable energy. Google gets its renewable energy by buying the electric power from existing renewable facilities, or else by financially backing projects that it can then draw power from.

The company has a goal of meeting 100 percent of its energy needs with renewable power.

Most recently, Google was an investing partner on world’s largest solar thermal facility, the Ivanpah concentrating solar power facility.

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