“Google, KKR and (solar infrastructure operator) Recurrent Energy announced an investment in the field of photovoltaic solar energy in the city of Sacramento, California.
“This investment clearly demonstrates the ability of the solar energy sector to attract capital (groups) such as Google and KKR prestigious,” said Arno Harris, CEO of Recurrent Energy, who will manage the operation of these infrastructures.
According to Harris, the operation shows that the solar industry “is becoming a viable and essential part of our energy economy.”
Three solar plants will be completed in early 2012 and fourth in the passing of that year. The plants will generate 160,000 kilowatt / hour for the first year of operation, representing the average consumption of 13,000 homes in the United States.
“We had a busy year in Google. Since January, we have invested over $ 880 million in renewable energy projects. We believe that the world needs a wide range of solutions, from wind, transmission, solar energy photovoltaic and solar thermal, and hope that next year, new opportunities arise to further expand our portfolio of renewable energy investments, “said Google, through a communique issued in one of his blogs.