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Nice: Google makes its 15th clean power investment . . .15th!!

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Google has now made over a dozen commitments to back wind and solar farms. On Tuesday Google announced its 15th investment in clean power, with a plan to put $75 million into a wind farm in North Texas, just outside of the city of Amarillo, near the border with New Mexico.

The wind farm, called the Panhandle 2, is 182 MW — or enough wind capacity to power 56,000 U.S. homes — and is being developed by the Pattern Energy Group. It’s supposed to be up and running by the end of the year.

The deal is Google’s second investment in a wind farm in Texas. The first was a 240 MW project also just outside of Amarillo called Happy Hereford, which will be live in late 2014.

Wind power is one of the only forms of clean power that is competitive with natural gas and coal when built at scale. Google is trying to use as much clean power as possible for its power-hungry data centers, and it has a data center nearby in Mayes County, Oklahoma.

6 Responses to “Nice: Google makes its 15th clean power investment . . .15th!!”

  1. And In Other News...

    I love how Google keeps getting great press for its investments in clean energy projects. An understanding of how these deals are structured and the amounts of capital involved relative to Google’s balance sheet would yield the equivalent you-and-me headline of “Jane Doe invests another $0.15 in a high yield CD!” Google’s investment to these projects is laudable but it’s a tired story.

  2. Kind of like saying that the wind farms south of San Diego is right next door to the data center in San Francisco or wind farms south of Washington DC are next door to the data center in Boston. About 500 miles apart.