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Clare Hudson
Clare Hudson
  • 1 Minute Read
  • 16th June 2011

Google- A leading Business in Renewable Energy

A few months ago, Google announced that it wanted to create the most sustainable office building in the world. The search engine giant is now investing $280 million in the renewable energy company, SolarCity, to ensure more homeowners and businesses can have their properties fitted with solar panels.

The investment is expected to help thousands of people who are unable to dish out the large amount it currently costs to install solar panels. It will also help SolarCity’s lease programme, which allows those interested in solar panels to pay in monthly instalments.

So far, Google has invested approximately $680 million in renewable energy. SolarCity hope that Google’s investment will encourage other companies to follow suit.