Google invests $5 million in a German solar plant

 

Google, has been recently reported to have forked out $5 million in an 18.7MW solar power plant near Berlin, Germany. Google won’t be running the show all by themselves though – the plant will be operated together with another private German company, Capital Stage. But it looks that Google won’t be having the upper hand here as they control only 49% of the stake. The 116 acre plant has been designed to provide clean energy to over 5,000 households in the area. Google has been known to back renewable energy projects before but they have never done so out of the US, making this solar plant their first foray into renewable energy in Europe. It wasn’t mentioned what Google hopes to gain out of this investment, but it’s never a bad thing to back projects that make the world a greener place.

 

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