June 15, 2011 at 11:35Google invests $ 280 million in alternative energy
More specifically, the corporation is creating a fund that will help SolarCity expand its business by allowing it to operate throughout the United States. Yes, so far only the United States - but let's hope that Google does not stop there. SolarCity uses an interesting distribution model for solar panels and related equipment. All this is distributed on a rental basis, and as a result (in any case, the representatives of this project claim), the total monthly payment is less than the usual electricity bill from the network, despite the fact that the panels can fully provide the household with energy.
The rent also includes the cost of the equipment maintenance work by the company's specialists. In addition, there is a guarantee that allows you to replace equipment that has fallen out during the warranty period. In general, a rather interesting scheme, it is a pity that we do not yet have companies that work in this way.
This project is one of Google’s largest investments in solar energy. The total amount of all investments that Googe allocated for the needs of alternative energy amounted to 680 million dollars. So, in the same year, the corporation sponsored the creation of a solar power plant in the Mojave Desert. The cost of this project is $ 168 million. In addition, in the same year, the corporation paid for energy supplied by wind farms for its data centers in Oklahoma for a period of 20 years.
The rent also includes the cost of the equipment maintenance work by the company's specialists. In addition, there is a guarantee that allows you to replace equipment that has fallen out during the warranty period. In general, a rather interesting scheme, it is a pity that we do not yet have companies that work in this way.
This project is one of Google’s largest investments in solar energy. The total amount of all investments that Googe allocated for the needs of alternative energy amounted to 680 million dollars. So, in the same year, the corporation sponsored the creation of a solar power plant in the Mojave Desert. The cost of this project is $ 168 million. In addition, in the same year, the corporation paid for energy supplied by wind farms for its data centers in Oklahoma for a period of 20 years.