Power and sustainable development: friend or foe? How do we develop cost effective and sustainable energy solutions for African communities
Headlines I’d love to read
This week Google announced it was investing $100 million in a project to install and lease solar systems to homeowners in the US.
The deal with the Sun Power Corporation, which also throws $150 million into the pot, makes it easier for people to switch to renewable energy and save money. The web blurb gushes: “Using the fund we buy the solar panel systems. Then we lease them to homeowners at a cost that’s typically lower than their normal electricity bill. So by participating in this program, you don’t just help the environment—you can also save money.”
Google is a company with a heart and an embarrassingly huge wad of cash. The internet giant has already committed over $1 billion to wind and solar projects.
As it explains on its website, this is enough to power 500,000 US homes for one year. Or, a car…
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