Google Invests 188 Million In Solar Project

According to Green Tech Lead, 'Google is investing in Utah Red Hills Renewable Energy Park, which is touted as the largest solar power plant in Utah.' The project, costing close to 188 million, is being developed by Scatec Solar, a Norwegian solar energy project developer. The project, expected to be operational by the end of 2015, will generate 210 million kilowatt-hours of solar power annually and produce sufficient electricity to power 18,500 average homes in Utah. As part of the deal, Google will pay a share of the cost of the project in return for tax incentives in addition to a share of the income. According to US policy, the Red Hills project will be eligible for a 30% solar investment tax credit after its completion. The Utah Red Hills solar power station is a part of a target set by Scatec Solar, to install 750MW of PV generation capacity by the end of next year. Luigi Resta, managing director, Scatec Solar said that the Utah location is well suited to solar because of its sunny climate, which is situated at about 5,800 feet from sea level. This is important because solar power systems don't perform as well when it is very hot. Source: http://www.greentechlead.com/2015/01/07/google-invests-188-million-utah-solar-project-20709