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Google gives solar power tower a $168 million boost

By | April 12, 2011, 4:08 AM PDT

Google, which has been betting big on cleantech to meet its energy needs, has invested $168 million in a solar power tower.

This tower, being developed by BrightSource Energy in the Mojave Desert, is slated to generate 392 MW of solar energy. The project, dubbed the Ivanpah Solar Electric Generating System (ISEGS) is notable for its structure. Power towers have been demonstrated, but are relatively rare in the U.S. The technology uses field mirrors to concentrate the sun’s rays on a receiver on top of a tower. The receiver generates steam and spins a turbine to create electric. In a nutshell, power towers offer highly concentrated solar power.

In a blog post, Google said:

We need smart capital to transform our energy sector and build a clean energy future. This is our largest investment to date, and we’ve now invested over $250 million in the clean energy sector. We’re excited about Ivanpah because our investment will help deploy a compelling solar energy technology that provides reliable clean energy, with the potential to significantly reduce costs on future projects.

The power tower is expected to be complete in 2013.

Here’s what the power tower looks like today.

And when it’s complete.

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Larry Dignan

About Larry Dignan

Larry Dignan is the editor-in-chief of SmartPlanet.

Larry Dignan

Larry Dignan

Editor-in-Chief

Larry Dignan is editor-in-chief of SmartPlanet and ZDNet. He is also editorial director of TechRepublic. Previously, he was an editor at eWeek, Baseline and CNET News. He has written for WallStreetWeek.com, Inter@ctive Week, New York Times and Financial Planning. He holds degrees from the Columbia University Graduate School of Journalism and the University of Delaware. He is based in New York but resides in Pennsylvania.

Follow him on Twitter.

Larry Dignan

Larry Dignan
Larry Dignan does not hold any investments in the companies he covers.
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