Google has invested $39 million in a 160-megawatt wind farm in North Dakota, marking the first time that the search engine giant has made a direct investment in a wind energy project.

Google’s philanthropic arm, Google.org, has previously invested in renewable energy startups, such as the solar thermal companies eSolar and Brightsource.

But the North Dakota wind power investment comes directly out of Google’s treasury and represents the company’s growing involvement in the renewable energy industry.

A Google spokesman said, “You can think of it as a way to diversify our cash holdings while investing in an area that we think is important to support.” (more…)

California’s high-tech giants have long used renewable energy to help power their Silicon Valley headquarters. Now, companies such as Google, Adobe Systems, and eBay are preparing for the next step — investing in off-site solar and wind installations and innovative technologies that will supply their offices and data centers with green electricity.

From the street, Adobe Systems’ San Jose headquarters looks like any other collection of skyscrapers that dot the downtown of the self-proclaimed capital of Silicon Valley.

But ascend to a skyway that connects two of the software company’s towers and you’ll find a wind farm. Twenty vertical turbines that resemble a modern art installation slowly rotate in the breeze that blows through a six-floor plaza. Down in the parking garage, a dozen electric car-charging stations have been set up. Adobe, which makes the ubiquitous Flash player software, will install 18 more chargers this year to accommodate workers expected to be first in line when the Nissan Leaf, Chevrolet Volt, and other battery-powered vehicles roll into Silicon Valley showrooms later this year. (more…)

After making his fortune with Idealab and a host of technology start-ups, Bill Gross has turned his attention to renewable energy. In an interview with Yale Environment 360, Gross talks about the solar power plant technology his company eSolar is developing and about the future of solar.

Bill Gross is not your typical solar energy entrepreneur. In a business dominated by Silicon Valley technologists and veterans of the fossil fuel industry, Gross is a Southern Californian who made his name in software. His Idealab startup incubator led to the creation of companies such as eToys, CitySearch, and GoTo.com. The latter pioneered search advertising — think Google — and was acquired by Yahoo for $1.6 billion in 2003.

That payday has allowed Gross to pursue his green dreams. (As a teenager, he started a company to sell plans for a parabolic solar dish he had designed.) Over the past decade, Gross has launched a slew of green tech startups, including solar power plant builder eSolar, electric car company Aptera, and Energy Innovations, which is developing advanced photovoltaic technology. (more…)

A $17 million renewable energy project designed to tap into the earth’s heat more than 2 miles deep has been suspended because of difficulty drilling through rock formations.

The project, run by AltaRock Energy and partially funded by Google, was designed to drill down to about 12,000 feet, fracture rock at the bottom of the hole, and then circulate water to create steam.

But the company reported that it had encountered “anomalies” in the rock that had prevented it from drilling deeper than 4,000 feet.

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If you haven’t heard about GRID Alternatives yet, you probably missed the fundraiser CleanTechies organized for this fabulous non-profit in March. The party was a lot of fun, and we raised over $4,000 for GRID Alternatives that evening. Now, there’s another fundraiser coming up that – and it promises to be another exciting party: There will be dozens of electric vehicles available for viewing and even test drives – including the Tesla Roadster, futuristic prototypes displayed by Stanford and PG&E, plug-in hybrid conversions, motorcycles, scooters, neighborhood electric vehicles and much more. Industry experts will be speaking about current trends in electric-powered transportation, such as:

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Clean technology and energy efficiency leaders from Google, the California Public Utilities Commission, McKinsey, the DOE, Kleiner Perkins, and many other green tech folks, will get together on May 20-21 at the inaugural Santa Barbara Summit on Energy Efficiency. The event is organized by UCSB’s Institute for Energy Efficiency and will explore the pipeline of new efficiency technologies as well as the current business, economic, and policy landscape and the obstacles and opportunities it presents. Preregistration has closed, but you can attend by registering at Corwin Pavilion at UC Santa Barbara, where the event is taking place.

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