Upon completion of the project in 2017, Google will acquire Vestas’ 12.5% stake in Africa’s largest wind park, which will supply around 15% of Kenya’s electricity needs based on current generation capacity.
Google’s investment is a leading example of companies investing in wind energy globally to achieve attractive financial returns and scale the deployment of renewable energy. This trend shows that whether a company is looking to power one’s own operations, reduce supply risk and price volatility, or contribute to combatting climate change, investing in wind energy makes economic sense.
