Advertisement
YOU ARE HERE: LAT HomeCollections

Business Briefing / TECHNOLOGY

Google to invest in geothermal

August 20, 2008|From Times Wire Services

Google Inc. plans to invest $10.3 million in companies trying to generate power from underground heat sources, the latest attempt by the owner of the world's most popular Internet search engine to promote renewable energy.

Google.org, the company's philanthropic arm, will invest in two geothermal-technology companies, said Dan Reicher, director of Google.org's climate and energy initiatives.

The Mountain View, Calif., company also will give $500,000 to the geothermal lab at Southern Methodist University in Dallas.

Advertisement
Los Angeles Times Articles
|
|
|