Google, Marubeni to develop underwater power cables off US

October 12, 2010 Enlarge

An offshore wind power farm is pictured off the northern German Island of Borkum on April 2010. Google and Japanese investment firm Marubeni will invest in the development of undersea power cables off the US Atlantic coast to deliver electricity from offshore wind, the companies said Tuesday.

Google and Japanese investment firm Marubeni will invest in the development of undersea power cables off the US Atlantic coast to deliver electricity from offshore wind, the companies said Tuesday.

Swiss equity fund Good Energies Investment and US utility Atlantic Grid Development LLC will also participate in the "Atlantic Wind Connection" venture, in which Google has a 37.5 stake and Marubeni has 15 percent. More at link.

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