Clean-tech tycoon Warren Buffett bets big on solar with $2 billion deal

Reblogged from VentureBeat:

Through his company Berkshire Hathaway, Warren Buffett has acquired two solar power plant projects from solar panel manufacturer and developer SunPower for between $2 billion and $2.5 billion.

Berkshire Hathaway's energy subsidiary, MidAmerican Energy, has a stake in many of the largest US solar power plants, including two First Solar plants. Buffett has increasingly become an important ally for the renewable energy industry, which is struggling to survive without government financial support.

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