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Google Pulls Out From Its Plans For Cheap, Renewable Energy

     
6:31 pm on Nov 23, 2011 (gmt 0)

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Google Pulls Out From Its Plans For Cheap, Renewable Energy [uk.reuters.com]
Google Inc has abandoned an ambitious project to make renewable energy cheaper than coal, the latest target of Chief Executive Larry Page's moves to focus the Internet giant on fewer efforts.



Earlier story Google To Close Bookmark Lists, Friend Connect, Gears, and Others [webmasterworld.com]
12:56 am on Nov 24, 2011 (gmt 0)

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I reckon this is the key line: "we're in the process of shutting down a number of products which haven't had the impact we'd hoped for"

And in the case of energy, I suspect it was a problem getting partners willing to invest with them (rather than go along for the ride).