Google to buy 100 MW of wind power

Posted on April 21, 2011 by

Google is committing to buy clean power, working towards its long term goal of carbon neutrality. It recently announced that it has made its second deal via its subsidiary Google Energy to buy 100 MW of power from a wind farm under construction in Oklahoma. Like the earlier deal, this wind farm too is being developed by NextEra Energy Resources. Google’s first deal through Google Energy was done in the Summer of 2010, for a wind farm in Iowa also owned by NextEra Energy Resources.

Google has been making investments in solar and wind farms. The recent deal is different from earlier ones since it is through a subsidiary and this is an agreement to buy the clean power itself over a 20 year period at a fixed rate, as compared to earlier deal involving buying equity in a clean power project.

Google intends to buy the power from the Oklahoma wind farm and sell it to the whole sale energy markets, since under regulations it will not be in a position to use the power for itself directly. Google is also expected to use the clean power for its data centers, but that would require some more clarity in regulations.

Google did not disclose other financial terms of the deal.

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Posted in: Renewable Energy