Google announced that they will be spending hundreds of millions of dollars in developing renewable energy as part of a plan to clean up the environment. The project, “Renewable Energy Cheaper than Coal,” has the goal of looking for a green energy alternative to coal. This is going to help Google’s image as they continue to become a greener company. Google also hopes to license any technology that comes out of this project and it will be probably be another source of revenue for the company. The company is hiring engineers and looking for investment financing for solar technologies. Google is currently one of the biggest energy customers in the Silicon Valley and it hopes to run its data centers one day with the new technology. With all the money that Google is making, it is good to see that the company continues to do things that will benefit everyone. At the rate this company is growing, they could very well take the lead in coming out with some breakthrough green technology.

via Reuters