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More Green Energy Loans On The Horizon

The federal government has ramped up its renewable energy loan programs again after years of resistance from congressional republicans. Currently, there are about $8 billion in earmarked funds for these loans. While these loans could go to just about anything, many of the dollars that have been earmarked will hopefully help to jumpstart the industry in ways that the program initially jumpstarted the industry the first time around.

In fact, the hope is that many smaller projects will get done with the funds from this program. While larger companies are already investing in renewable energy, these loans will help to ensure that the programs and projects from smaller sources are getting done. This will help to make more parts of the country energy efficient while not forcing companies to beg for investors.

The hope is that investors will come calling when they see how viable many of these projects are.

Google Invests In Another Texas Wind Farm

Google has invested in another wind energy project. This one is worth $75 million and produces 182 megawatts. The project sits in Carson County just outside of Amarillo. While Google does not just use wind energy to power it searches and services, it does work very hard to reduce its carbon footprint.

Google has been investing millions upon millions of dollars in renewable energy over the past few years. The search engine giant has been using energy from the wind farms and putting that energy back into local grids to help reduce their carbon footprint from their server centers. The idea is that the company can power itself to a degree, reduce its carbon footprint and allow for local grids to get power from their farms.

Not only can Google make money on its wind energy portfolio, but it can keep its image as a green and energy-conscious company high during these strained times in the energy sector.

Texas is already the largest producer of wind powered electricity in the country.