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Google investing $94 million in Sacramento-area solar plants

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Google announced Tuesday that it's investing $94 million in solar panel farms in the Sacramento area. The money will go toward four photovoltaic (PV) panel farms built by San Francisco-based Recurrent Energy, which is owned by tech-giant Sharp, and will help fuel the project alongside funding from investment firm Kohlberg Kravis Roberts & Co. (KKR) said Axel Martinez, Google's assistant treasurer, in a company blog post.

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