Creates renewable energy R&D group and supports breakthrough technologies
Mountain View, Calif. (November 27, 2007) – Google (NASDAQ: GOOG) today announced a new strategic initiative to develop electricity from renewable energy sources that will be cheaper than electricity produced from coal. The newly created initiative, known as REsolar energy. eSolar's technology has great potential to produce utility-scale power cheaper than coal. For more information, please visit http://www.google.com/corporate/green/energy/esolar.pdf. * Makani Power Inc., an Alameda, CA-based company developing high-altitude wind energy extraction technologies aimed at harnessing the most powerful wind resources. High-altitude wind energy has the potential to satisfy a significant portion of current global electricity needs. For more information on Makani Power, please visit http://www.google.com/corporate/green/energy/makani.pdf. Ongoing Commitments Today's announcement represents just the latest steps in Google's commitment to a clean and green energy future. Google has been working hard on energy efficiency and making its business environmentally sustainable. Last spring the company announced its intention to be carbon neutral for 2007, and is on track to meet that goal. To this end, the company has taken concrete steps to reduce its carbon footprint and accelerate improvements in green technology, including: * Developing cutting-edge energy efficiency technology to power and cool its data centers in the U.S. and around the world. * Generating electricity for its Mountain View campus from a 1.6 Megawatt corporate solar panel installation, one of the largest in the U.S. * Accelerating development and adoption of plug-in vehicles through the RechargeIT initiative, including a $10 million request for investment proposals (http://www.google.org/recharge/) * Joining with other industry leaders in 2007 to form the Climate Savers Computing Initiative, a consortium that advocates the design and use of more energy-efficient computers and servers (http://www.climatesaverscomputing.org/). * Working on policies that encourage renewable energy development and deployment, such as a U.S. Renewable Energy Standard, through Google.org. For more information on Google's commitment to a clean energy future, see http://www.google.com/renewable-energy For broadcast-standard video and other multimedia files for the announcement, see http://www.google.com/intl/en/press/index.html For more information on recruitment for RE