Posted by Google Energy, subsidiary of the search engine behemoth Google, Inc., formally announced last Monday that it will invest in an offshore wind collecting project with Atlantic Wind Connection in order to answer the energy needs of about two million households. The off shore wind turbines will generate 6,000 megawatts of electric power distributed via a 350 mile connecting line from New Jersey to Virginia. Google will take in 37.5 percent of the project investment making it a big shareholder in the stake.
This is not the first time that Google had been interested in investing in wind power. Just this year in May, it made its first investment on renewable-energy projects in North Dakota with the company NextEra Energy Resources, a company that deals with alternative energy resources. Google invested about $38.8 million for two wind farms which is about twenty percent of the share of the project. The farms were said to generate 169.5 megawatts enough to power the energy needs for fifty-five thousand homes. Then in July, Google made a commitment to buy wind energy totaling 114 megawatts from an Iowa wind farm in the span of twenty years.
The AWC project has been their biggest project to date. In its commitment to reduce the use of fossil fuels in the US as a means to generate electric power, Google has intensified its investments on wind power. The company is known for being philanthropic when it comes to environmental issues. In 2004, the company created Google.org, a non-profit organization, dedicated in creating social awareness about the problem of climate change in connection with the use of fossil fuels.
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