Google has announced that it will be investing $145 million in order to convert a one-time oil field into a new solar power plant. The internet giant acknowledged the irony of turning a former oil and gas field into a source of renewable energy in a blog post on Wednesday.
“There’s something a little poetic about creating a renewable resource on land that once creaked with oil wells,” the company said in the post.
The 82-megawatt project, which is taking place outside of Bakersfield, California, will be fitted with around 250,000 SunEdison solar panels and will generate enough power to support the grid for 10,000 homes. The plant is expected to be operational by the end of the year, and will bring around 650 jobs to Kern County.
“Our investment in the Regulus solar project will give new life to a long-valued piece of land,” Nick Coons, principal for renewable energy at Google, wrote on the company’s blog Wednesday. “There’s something a little poetic about creating a renewable resource on land that once creaked with oil wells.”
This is the seventeenth renewable energy project that Google has invested in, having committed to investing more than $1.5 billion in projects across the United States. As for SunEdison, the Missouri-based company’s shares rose by more than three percent in pre-market trading as a result of this project.
Read more about the story at The Hill.