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Google.org, Google’s non-profit philanthropic venture has invested $10 million in a local company named “BrightSource Energy” for solar energy.

The BrightSource deal is the second such investment Google has made in solar power, after taking a stake in eSolar last month.
Google investment strategy manager Chris Busselle and green energy strategy team member Kevin Chen said:

Solar thermal energy generation is one of the key emerging industries addressing the changing global climate and we are excited about our current investments in solar thermal technology.

BrightSource hopes of constructing a series of huge solar power plants in California’s Mojave Desert that will supply up to 900MW of electricity.

Busselle further said:

We believe that by supporting researchers and entrepreneurs taking different, ambitious approaches and risks to generate clean energy, we can help to accelerate, progress and increase the collective economic value of these new clean energy industries.

The investments are part of Google’s ‘Renewable Energy Cheaper than Coal’ initiative called “RE<C”. They are developing electricity with a goal of producing one gigawatt of renewable energy capacity – enough to power a city the size of San Francisco – in years, not decades.

The company is assembling a team of researchers and engineers in the hope of creating a Gigawatt of energy for less than it costs to generate the same amount at a coal-burning power plant.

Google is also looking at geothermal and wind sources.

They will hire a head of renewable energy research to oversee all of the firm’s renewable energy research and development programmes.