Eco-Living Magazine

Big Names Investing in Greentech

Posted on the 18 January 2013 by Greentech

We are not even at the end of January and already 2013 has seen some big names investing in the greentech sector. They don’t come much bigger than Google who have invested $200m in an American windfarm.

Not to be out done by their corporate rival Apple have reportedly filed a patent for a wind turbine that generates electricity from stored heat. Converting wind energy into heat and then producing electricity over a period of time overcomes the problem of not having any electricity when the wind isn’t blowing.

These investments follow closely on from the purchase of two solar power plants for up to $2.5 bn by Warren Buffet’s MidAmerican Energy and the Saudi government’s announcement of $100 bn of solar investments over the next ten years.

 


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