Filed under: , , ,

Internet search titan Google Inc. (NASDAQ: GOOG) is apparently closing in on its goal to produce renewable energy at a price point cheaper than coal. In an interview with Reuters Tuesday, Google’s green energy czar, Bill Weihl, said that the odds of success have improved during the past year, and predicted, “In three years, we could have multiple megawatts of plants out there.”

After announcing in late 2007 its quest for “green” energy, the company’s Google.org division began investing in solar thermal, geothermal, and wind technologies. The tech firm’s keen interest in substitute energy sources was a contributing factor last year when President Obama named Google CEO Eric Schmidt as one of his advisers.

Continue reading Google nears green energy goals; CEO Schmidt slams Bing

Google nears green energy goals; CEO Schmidt slams Bing originally appeared on BloggingStocks on Wed, 10 Jun 2009 12:30:00 EST. Please see our terms for use of feeds.

Permalink

Related Posts

Leave a Reply

Close
E-mail It