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Google invests $US280m into solar projects

Funding to finance more solar installations across the US

Google has said it is investing $US280 million ($A265 million) to help finance home solar projects in the internet giant's largest effort yet to promote clean energy.

Google said the money will go to create a fund that will help SolarCity, a company which provides solar energy options for homeowners and businesses, to finance more solar installations across the United States.

"This is our largest clean energy project investment to date and brings our total invested in the clean energy sector to more than $US680 million ($A643.6 million)," said Rick Needham, Google's director of green business operations.

"We continue to look for other renewable energy investments that make business sense and help develop and deploy cleaner sources of energy," he wrote in a blog post.

He said Google had also entered into a partnership with SolarCity to provide solar power to the homes of Google employees at a discount.

Google last month announced a $US55 million ($A52 million) investment in a California wind energy farm, and in April, the Mountain View, California-based company announced a $US100 million ($A94.65 million) investment in a wind farm being built in Oregon.

Google in April also said it has invested $US168 million ($A159 million) to help complete the construction of one of the world's biggest solar power plants in California's Mojave Desert.

Nominations for the 2012 ARN IT Industry Awards open on Tuesday, June 12.

More about: Google, Mountain View

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