Financial Times FT.com

Google warms to solar thermal energy

By Fiona Harvey in London

Published: January 18 2008 02:05 | Last updated: January 18 2008 02:05

Google has thrown its weight behind a solar energy technology that is fast becoming one of the hottest renewable plays for investors, as part of its push into green technologies.

The company gave details on Thursday of $25m (£12.7m, €17.1m) of investment in renewables and philanthropic projects under its Google.org arm, the unit that manages the company’s commitment to devote 1 per cent of equity and 1 per cent of profits to philanthropy.

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