Google Ambitious Build Residential Solar

Illustration of solar panels (Andreas Rentz / Getty Images)

Jakarta, CNN Indonesia -- Technology giant Google to invest up to US $ 300 million or around Rp 3.8 trillion to fund the establishment of settlements by solar power.

Reuters reported, the California-based energy provider company, SolarCity Corp. plans to spend US $ 750 million for the project, in which Google accounted for almost half. Meanwhile, according to a spokesman for SolarCity, Jonathan Bass stated that US $ 450 million, the rest comes from borrowing.

Funds from Google will be used to build solar panels on homes. The homeowner will be paying a monthly rental fee panel of companies.
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The high cost of living has made based solar power as an option for households who do not want to make a payment in advance about US $ 20 thousand to $ 30 thousand for the standard solar power system.

SolarCity claimed, was among the largest funds for a settlement system based on Google's investment in solar power and also the largest number of a company for renewable energy technologies.

Google also can claim a property tax of up to 30 percent to reduce the tax burden itself.

Illustration of solar panels (Andreas Rentz / Getty Images)

Jakarta, CNN Indonesia -- Technology giant Google to invest up to US $ 300 million or around Rp 3.8 trillion to fund the establishment of settlements by solar power.

Reuters reported, the California-based energy provider company, SolarCity Corp. plans to spend US $ 750 million for the project, in which Google accounted for almost half. Meanwhile, according to a spokesman for SolarCity, Jonathan Bass stated that US $ 450 million, the rest comes from borrowing.

Funds from Google will be used to build solar panels on homes. The homeowner will be paying a monthly rental fee panel of companies.
Editors' Choices
.

The high cost of living has made based solar power as an option for households who do not want to make a payment in advance about US $ 20 thousand to $ 30 thousand for the standard solar power system.

SolarCity claimed, was among the largest funds for a settlement system based on Google's investment in solar power and also the largest number of a company for renewable energy technologies.

Google also can claim a property tax of up to 30 percent to reduce the tax burden itself.