Wednesday, April 13, 2011

Google invests in Word's largest Solar Power Tower plant "ivanpah"



Google has invested $168 Million in Ivanpah Mojave Desert solar energy plant in California.


Google is financing this $168 Million to BrightSource Energy.

BrightSource also has lined up $1.6 billion in loans guaranteed by the U.S. Department of Energy and a $300 million investment from NRG Energy Inc.

This Solar Energy plant aims to produce enough solar energy to light 140,000 homes.

Construction of this 450 ft tall tower began in October 2010 and is being looked after by one of the world’s leading construction companies, Bechtel. And, the Ivanpah project is expected to be completed in 2013.

When constructed, Ivanpah will be the first large-scale solar thermal project built in California in nearly two decades, and the largest in the world.

This plant will be located on 3,600 acres of land in the Mojave Desert.
It is expected to generate 392 MW of solar energy .
It will be functioning based on an assembly consisting of 173,000 heliostats.

Although solar power tower development is currently less advanced than the more common trough systems, they offer higher efficiency and better energy storage capabilities.



The heliostats – mirrors that focus the sun’s rays onto a solar receiver located at the top of the tower – will enable concentration of a large amount of solar energy onto one small area. This would further enable the solar receiver to generate steam that spins a turbine and generates electricity.

Read more updates about this project at http://ivanpahsolar.com/

You can read this article about Solar power  to easily understand  Solar energy.



Google is always investing in Alternative Energy sources. So, it's not surprising that Google is investing in Solar power Tower.

More companies may follow Google's example and invest in alternative energy technology.
Last week Google announced it was investing $5 million in a German solar plant

Even if the the companies like Google have started investing in Solar energy, still lot of people are thinking that Solar power is more expensive and investing in Solar energy is not worth.

What do you think about Google's behaviour?
Is Google planning its future by investing in alternative energy, or is this based on more humanitarian motives? You can share your thoughts thro' the comments.







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