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As part of a project announced Tuesday, the Internet search leader and its philanthropic arm will pour hundreds of millions of dollars into a quest to lower the cost of producing electricity from renewable energy sources such as wind and the sun.

If Google realizes its goal, the cost of solar power should fall by 25 to 50 percent, co-founder Larry Page said in an interview.

"If we achieve these goals, we are going to be in the (electricity) business in a very big way," Page said. "We should be able to make a lot of money from this."

http://www.tech2.com/india/news/general/google-expands-into-alternative-energy/
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