Purchasing storage space in addition to the 1GB free space included with every Picasa Web Albums account just got cheaper, and dramatically at that. Google has slashed the price of additional storage space by eight times: “twice as much storage for a quarter of the old price.” Paid storage plans now start at $5 a year for 20GB and go all the way up to $4,096 per year for 16TB space, which is enough to store 8 million full resolution photos.

With that much storage on offer, it just sounds like the cloud storage solution that NASA has been waiting for to store its satellite imagery. “While the cost of hard drive storage has continued to drop in these two years, we've also been working hard to improve our infrastructure to reduce your costs even further. Today we're dramatically lowering our prices to make extra storage even more affordable,” Google engineer Elvin Lee wrote in a post on the official Google Photos Blog.