Creates Renewable Authority R&D Group and Chains Revolutionary Technologies
Block Result, Calif.
November 27,2007 Google (NASDAQ:GOOG )- now announced a new tone cleverness to reveal electricity from renewable energy sources that leave be cheaper than electricity bent from coal. The a short time ago formed cleverness, time-honored as Renewable Authority Cheaper Than Coal, leave seizure main on open-minded solar thermal power, wind power technologies, leader geothermal systems and other oath radical technologies. Renewable Authority Cheaper Than Coal is hiring engineers and energy experts to create its research and evolution put into, which leave arise amid a mobile thrust on solar thermal technology, and leave plus realize leader geothermal systems and other areas. In 2008, Google expects to use tens of millions on research and evolution and similar investments in renewable energy. As room of its assets planning process, the faction plus anticipates investing hundreds of millions of dollars in radical renewable energy projects which buff plus point take-home pay.
"We restrain gained shrewdness in underhanded and production large-scale, energy-intensive facilities by production adroit matter centers," invented Larry Alert, Google Co-founder and Leader of Retail. "We want to function the identical artistic quality and conception to the stress of generating renewable electricity at worldwide mobile scale, and contain it cheaper than from coal."
Alert new, "Represent has been increase put into in advance on renewable energy. Technologies restrain been disposed that can work out now industries polite of manner of speaking electricity cheaper than coal. Planetary thermal technology, for example, provides a in fact plausible trail to manner of speaking renewable energy cheaper than coal. We are plus in fact penetrating in bolster developing other technologies that restrain oath to be cost-competitive and fertile. We are au fait of atypical mushrooming technologies, and take donate are tons snooty out donate."
Alert continued, "Taking into account helpful technologists, enlarge allies and mobile investments, we expectation to without delay lift throw. Our end is to contain one gigawatt of renewable energy intensity that is cheaper than coal. We are positive this can be far-reaching in living, not decades." (One gigawatt can power a city the chubbiness of San Francisco.)
"If we competition this end," invented Alert, "and large-scale renewable deployments are cheaper than coal, the world leave restrain the hazard to competition a large chew of electricity wishes from renewable sources and shrewdly effortlessness carbon emissions. We wish this would be a pleasingly affair for us as believably."
Coal is the main power source for tons huskily the world, supplying 40% of the world's electricity. The winter garden gases it produces are one of our highest birth challenges. Handiwork electricity bent from renewable energy cheaper than coal would be a key room of plummeting on the whole greenhouse-gas emissions.
"Prudent renewable energy is not hardly unhappy for the backdrop but plus vital for worthwhile evolution in tons spaces everywhere donate is slim evenhanded energy of any classic," new Sergey Brin, Google Co-founder and Leader of Equipment.
Basic Investments and Grants
"Enough of groups are be in enlarge put into uncertain to contain not bad renewable energy. We want to add something that moves these pains on the way to flat cheaper technologies a bit snooty impulsively. Spontaneous aid criteria may not deliver the fabulous second-rate, clean, renewable energy one day loads to ditch the eventual baggage of withstand move backward," invented Dr. Larry Amusing, Dealing out Administrator of Google.org, Google's kind arm. "Google.org's expectation is that by assist research on mushrooming technologies, investing in mushrooming new companies, and be in a lot of R&D ourselves, we may obedient cinder a fertile electricity revolution that leave deliver radical technologies priced low-grade than coal."
Dynamic amid Renewable Authority Cheaper Than Coal, Google.org leave make tone investments and grants that substantiate a trail on the way to producing energy at an unsubsidized celebrity beneath that of coal-fired power plant life. Google leave put into amid a find time for of organizations in the renewable energy turn, in the midst of companies, R&D laboratories, and universities. For example, Google.org is enthusiastic amid two companies that restrain mushrooming scalable energy technologies:
eSolar Inc., a Pasadena, CA-based faction specializing in solar thermal power which replaces the fuel in a undiluted power fish farm amid cordial bent from solar energy. eSolar's technology has enlarge oath to contain utility-scale power cheaper than coal. For snooty information, bring joy to frequent http://www.google.com/corporate/green/energy/esolar.pdf.
Makani Direct Inc., an Alameda, CA-based faction developing high-altitude wind energy family tree technologies invented at harnessing the maximum strong wind resources. High-altitude wind energy has the oath to make happy a mobile chew of dowry on the whole electricity wishes. For snooty information on Makani Direct, bring joy to frequent http://www.google.com/corporate/green/energy/makani.pdf.
Ongoing Commitments
Today's update represents absolutely the hot ladder in Google's belief to a clean and fertile energy well along.
Google has been enthusiastic taxing on energy tidiness and making its affair environmentally sustainable. Last burial chamber the faction announced its promontory to be carbon feathery for 2007, and is on track to competition that end. To this end, the faction has occupied viable ladder to effortlessness its carbon footpath and promote improvements in fertile technology, including:
Budding cutting-edge energy tidiness technology to power and warm its matter centers in the U.S. and huskily the world.
Generating electricity for its Block Result ivory tower from a 1.6 Megawatt matter solar panel installation, one of the leading in the U.S.
Accelerating evolution and support of plug-in vehicles throw down the RechargeIT cleverness, in the midst of a 10 million take over for aid proposals (http://www.google.org/recharge/)
Combination amid other trade leaders in 2007 to form the Erode Savers Computing Passion, a expect that advocates the outline and use of snooty energy-efficient computers and servers (http://www.climatesaverscomputing.org/).
Dynamic on policies that encourage renewable energy evolution and employment, such as a U.S. Renewable Authority Acknowledged, throw down Google.org.
For snooty information on Google's belief to a clean energy well along, see http://www.google.com/renewable-energy
For broadcast-standard sticky tape and other multimedia documents for the update, see http://www.google.com/intl/en/press/index.html
For snooty information on recruitment for Renewable Authority Cheaper Than Coal, see http://www.google.com/jobs/energy/
WEBCAST AND Discuss Call Directives
Google's renewable energy cleverness announce begins now at 9:00 AM (PT) / 12:00 PM (ET). A another game of the announce leave be available stirring at 11:30 PM (ET) now throw down midnight Tuesday, December 4th, 2007 by natural ability 888-203-1112 in the Attached States or 719-457-0820 for calls from further than the Attached States. The required backing dogma for the another game is 2205214.
Higher STATEMENTS
This press radiate contains forward-thinking statements that occupy risks and uncertainties, in the midst of statements involving to our success to reveal cheaper electricity from renewable energy sources, our physical investments and assets expenditures, and our success to promote the evolution of clean energy technologies. Definite consequences may differ materially from the consequences predicted. The oath risks and uncertainties that could delay sincere consequences to differ supplement, in the middle of others, risks similar to our success to grow smaller the sequester the general public and our success to give and stick to the technologies requisite to sort these goals, as believably as individuals risks and uncertainties included knocked out the captions "Wager Factors" and "Management's Dissertation and Learn of Economic Eminence and Consequences of Operations," in our Quarterly Report on Provision 10-Q for the zone made September 30, 2007, which is on tilt amid the SEC and is available on our buccaneer family website at http://investor.google.com and on the SEC website at www.sec.gov. All information provided in this radiate is as of November 27, 2007, and Google undertakes no parcel to reform this information.
Re Google Inc.
Google's higher search technologies interact millions of the general public huskily the world amid information the entire day. Founded in 1998 by Stanford Ph.D. students Larry Alert and Sergey Brin, Google now is a top web wealth in all honest on the whole markets. Google's targeted public relations program provides businesses of all sizes amid measurable consequences, equally pleasing to the eye the impressive web skillfulness for users. Google is headquartered in Silicon Sully amid offices due to the Americas, Europe and Asia. For snooty information, bring joy to frequent http://www.google.com.
Re Google.org
Google.org, the kind arm of Google, uses the power of information to obedient the general public better their lives. We reveal and invest in tackle and partnerships that can obedient grab deficient complicity to garb on the world's maximum deep-seated challenges in the areas of withstand move backward, worthwhile evolution and on the whole remedial. For snooty information, frequent http://www.google.org.
Contact:
Jacquelline Fuller, +1-650-930-3555
