Google investing heavily in renewable energy


	Google investing heavily in renewable energy

ezqimo

11-30-2007 8:38 PM

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tags:

environment, renewable-energy, investment

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/b28ad6ae-0ec8-436c-81a5-2b39d394dcb4/D1585D6D-7AF6-4637-A71B-08BCDACDC328/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.livescience.com/environment/071128-ap-green-google.html" href="http://www.livescience.com/environment/071128-ap-green-google.html" style="font-size: 11px;">www.livescience.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.livescience.com/environment/071128-ap-green-google.html"><P>
Google.org will invest "hundreds of millions'' in companies specializing in renewable energy, Page said. The philanthropic arm, which sits under the umbrella of the Google Foundation, will draw upon its holdings of nearly $2 billion (euro1.34 billion) worth Google's stock, which gained $7.57 Tuesday to close at $673.57. 
</p> <P>
Google.org already is working with two outside companies: Pasadena-based eSolar Inc., which specializes in solar thermal power and Alameda-based Makani Power Inc., which specializes in wind power</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D1585D6D-7AF6-4637-A71B-08BCDACDC328/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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