Google.org to fund more than $10 million to accelerate plug-in hybrid and vehicle-to-grid technology
MOUNTAIN VIEW, Calif. (June 18, 2007) – Google.org, the philanthropic arm of Google Inc. (NASDAQ: GOOG), today announced the RechargeIT initiative (www.rechargeit.org) that aims to reduce greenhouse gas emissions and oil dependence by accelerating the adoption of plug-in hybrid electric vehicles ("plug-ins"). As part of this initiative, Google.org awarded $1 million in grants and announced plans for a $10 million request for proposals (RFP) to fund development, adoption and commercialization of plug-ins, fully electric cars and related vehicle-to-grid (V2G) technology.
In addition, Google Inc. announced that it has switched on the solar panel installation at its Mountain View, Calif. headquarters, which will help the company reduce its environmental footprint and power its plug-ins with clean solar electricity. At 1.6 megawatts – and with an electricity output capable of powering approximately 1,000 average California homes – the Google project is the largest solar installation to date on any corporate campus in the United States and one of the largest on any corporate site in the world.
At today’s event, Google teamed with PG&E to demonstrate the bi-directional flow of electricity between plug-ins and the electric grid. "Clean energy technology can dramatically shift how we make and use energy for our cars and homes by charging cars through an electric grid powered by solar or other renewable energy sources, and selling power back to the electric grid when it’s needed most. This approach can quadruple the fuel efficiency of cars on the road today and improve grid stability," said Dr. Larry Brilliant, Executive Director of Google.org.
The RechargeIT Initiative includes several elements designed to advance plug-in development and commercialization, including:
- Grants: Google.org announced grants to the following organizations:
- Brookings Institution (www.brookings.edu): $200,000 to support a spring 2008 conference on federal policy to promote plug-ins;
- CalCars (www.calcars.org): $200,000 to support its work to educate the public about plug-ins;
- Electrical Power Research Institute (EPRI) (www.epri.org): $200,000 to support its plug-in research and development program;
- Plug-In America (www.pluginamerica.org): $100,000 to raise public awareness and advocate for plug-in transportation;
- Rocky Mountain Institute (RMI) (www.RMI.org): $200,000 to enable RMI to launch the design of a practical plug-in hybrid electric vehicle, with additional support and collaboration by Alcoa, Johnson Controls, and the Turner Foundation;
- Dr. Willett Kempton, University of Delaware (www.ocean.udel.edu/cms/wkempton): $150,000 for megawatt scale vehicle-to-grid research and implementation planning.
"Google is committed to using its resources to help solve the global climate challenge," said Dr. Brilliant. "Google.org is a hybrid philanthropy, bringing together the active engagement of the broader Google corporation, as well as investments in for-profits, traditional grants, policy work, and public information. RechargeIT brings together all of these elements to help accelerate progress on plug-ins. By demonstrating new clean energy technologies and how they can be connected to the grid, we hope to spur demand and encourage car manufacturers to make these vehicles commercially available on a large scale on an urgent basis."
Today’s news closely follows Google’s sponsorship of the Climate Savers Computing Initiative (www.climatesaverscomputing.org), which aims to reduce greenhouse gas emissions by setting aggressive new targets for energy-efficient computers. Climate Savers and today’s RechargeIT illustrate Google’s commitment to reduce its environmental impact as a company and to protect the environment.
About Google.org
Google.org, the philanthropic arm of Google, uses the power of information to help people better their lives. We develop and invest in tools and partnerships that can help bring shared knowledge to bear on the world’s most pressing challenges in the areas of climate change, economic development and global health. For more information, visit www.google.org.
About Google Inc.
Google’s innovative search technologies connect millions of people around the world with information every day. Founded in 1998 by Stanford Ph.D. students Larry Page and Sergey Brin, Google today is a top web property in all major global markets. Google’s targeted advertising program provides businesses of all sizes with measurable results, while enhancing the overall web experience for users. Google is headquartered in Silicon Valley with offices throughout the Americas, Europe and Asia. For more information, visit www.google.com.
Media Contacts:
Jacquelline Fuller, Google.org
jfuller@google.com
Diana Adair, Google Inc
dianaa@google.com
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