Cashing in on Green: Google to Sell Mapping Data to Renewable Energy Companies

  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Google is set to license its mapping data to companies in the renewable energy industry, targeting a revenue generation of up to $100 million in the first year in an attempt to diversify its revenue streams.

that in a strategic move to diversify its revenue streams, Google is set to license its mapping data to companies in the renewable energy industry, targeting a revenue generation of up to $100 million in the first year.Google plans to offer specialized Application Programming Interfaces that will provide solar, energy, and air quality information.

Google is not just limiting its focus to energy companies. The tech giant also sees potential customer bases in real estate firms like Zillow and Redfin, as well as hospitality companies like Marriott Bonvoy. The Solar API could offer valuable insights into the energy efficiency of buildings, thereby influencing property valuations and guest experiences.

In addition to the Solar API, Google is also planning to launch an Air Quality API. This new offering will allow customers to request air quality data, including pollutants and health-based recommendations for specific locations. It will also feature digital heat maps and provide hourly air quality information, as well as historical data for up to 30 days.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 610. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google to sell mapping data to renewable energy companies: reportAlphabet Inc.’s Google intends to license mapping data to makers of renewable-energy products, an enterprise that could generate as much as $100 million in...
Source: MarketWatch - 🏆 3. / 97 Read more »

Jabil to Sell Manufacturing Business in China to BYD Subsidiary for $2.2 BillionThe contract electronics manufacturer says the deal is the largest in its history.
Source: MarketWatch - 🏆 3. / 97 Read more »

Jabil rises on deal to sell its China mobility business to BYD for $2.2 billion By Investing.comJabil rises on deal to sell its China mobility business to BYD for $2.2 billion
Source: Investingcom - 🏆 450. / 53 Read more »