We're allegedly saved!: Google [allegedly] closing in on cheap renewable energy goal | Reuters

MOUNTAIN VIEW, California (Reuters) - Google Inc is closing in on its goal of producing renewable energy at a price cheaper than coal, the company's so-called green energy czar, the engineer in charge of the project, said on Tuesday.

The search company in late 2007 said it would invest in companies and do research of its own to produce affordable renewable energy -- at a price less than burning coal -- within a few years.

Green Energy Czar Bill Weihl said the odds of success had gone up in the last year or so from a long shot to a real possibility of demonstrating working technology in a few years.

"It is even odds, more or less, I would say," he said in an interview with Reuters. "In, you know, three years, we could have multiple megawatts of plants out there."