Google to Invest in Offshore Wind Power Project
October 12th, 2010Via: AP:
Google is investing in an extensive network of deepwater transmission lines worth billions for future wind farms off the East Coast, the company said Tuesday.
The transmission lines, which could cost up to $5 billion over the next 10 years, would run as far as 20 miles offshore from Virginia to New Jersey. The initial phase of the project would be capable of delivering 2,000 megawatts of wind energy — enough to power about 500,000 homes.
Google, which will own more than a third of the project, has teamed up with other technology companies and investment firms.
