Sharp to Supply Solar Panels for "Googleplex"

Reuters reports Google (GOOG) plans to invest in a solar-powered electricity system, primarily for its "Googleplex" corporate campus, which will become the largest solar-powered office in the U.S. Sharp Corp's (SHCAY.PK) solar division will supply the panels for the project.

Excerpt from Reuters article:

Sharp Electronics is supplying 9,212 solar panels for the Google project. Sharp Corp., parent of the solar panel maker, has a 5.2 megawatt solar generation system, the world's largest corporate solar system, at a Kameyama, Japan factory.

Excerpt from Google Blog:

Soon we plan to begin installation of 1.6 megawatts of solar photovoltaic panels at our Mountain View campus. This project will be the largest solar installation on any corporate campus in the U.S., and we think it's one of the largest on any corporate site in the world. [...] The amount of electricity that will be generated is equivalent to powering about 1,000 average California homes. We’ll use that electricity to power several of our Mountain View office facilities, offsetting approximately 30% of our peak electricity consumption at those buildings.

Google is partnering with EI Solutions to manage the project, the latter which has a related video and summary on its website.

For more on Sharp Solar see this post, "Sharp's Secret Weapon: Solar Cells and Systems," which I published early this year.

Recommended reading on Seeking Alpha related to Sharp: Sharp vs Sony: LCD TV Battle Heating Up in Japan and Sharp Posts Record Quarter, LCD TV Sales Double Y-o-Y

Sharp Corp (SHCAY.PK) 1-year chart:

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Disclosure: I do not own a position in any of the companies mentioned in this article.