Google Is Making Its Biggest Ever Bet on Renewable Energy

Solar panels in St. Ansgar, Iowa.
Photographer: Daniel Acker/Bloomberg

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By Christopher Martin

February 26, 2015 at 9:00 AM EST

Updated on

February 26, 2015 at 4:17 PM EST

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Google Inc. is making its largest bet yet on renewable energy, a $300 million investment to support at least 25,000 SolarCity Corp. rooftop power plants.

Google is contributing to a SolarCity fund valued at $750 million, the largest ever created for residential solar, the San Mateo, California-based solar panel installer said Thursday in a statement.

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