Google buys 49% of German solar power plant

Apr 7, 2011
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Google has big dreams and it's much more than a search engine that it started out as. We all know the company branched off into the smartphone market with Android and is doing very well and it has a lot more up its sleeves. Google is also heavily into alternative energy.

The search giant has announced that it has invested €3.5 million into a solar photovoltaic power plant in Germany. The transaction will require formal approval by German regulators before it is complement and the deal is subject to customary closing conditions. The plant sits on 116 acres in Brandenburg an der Havel near Berlin and has a peak capacity of 18.65MWp making it one of the largest solar plants in Germany.

The facility will be able to provide clean power to more than 5,000 homes in the area and the site of the solar plant was formerly a Russian army training ground. This marks the first clean energy project investment outside of the US for Google. Google purchased 49% of the plant from Capital Sage AG.


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