By Becky Striepe •
January 14, 2009
Stanford University received $100 million in donations for alternative energy research. The funds will allow the school to expand their research aimed at making renewable energy as economically feasible as oil and natural gas.
[Wind Power. Creative Commons photo by Bryan Siders]
The school’s annual budget for researching alternative energy is $30 million, so this bundle of donations more than quadruples their resources for the Stanford Global Climate and Energy project. The money allows them to grow the Precourt Institute for Energy Efficiency, which has “the simple goal of making renewable energy cheaper than fossil fuels.”
