Google Invests $168 million in BrightSource Energy's Mojave Solar Plant
Google is no stranger to renewable energy investment, but now the Internet behemoth has its eyes set on bigger fish. BrightSource Energy's proposed solar thermal plant in the Mojave Desert will be one of the largest solar energy projects in the United States and will double the solar thermal installed capacity in the U.S. Google has made a $168 million equity investment in the project, along with NRG Energy's $300 million investment and $1.6 billion in loans from the U.S. federal government. The Ivanpah Solar Electric Generating System will be constructed in California's Mojave Desert. The project will provide 2,600 MW of grid electricity, powering 140,000 homes. The facility uses thermal solar energy as opposed to photovoltaic panels. Thousand's of reflective mirrors will superheat fluids to drive a steam turbine. The Ivanpah plant will recycle the steam back into water to reduce water consumption by 95 percent compared to similar facilities.
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