Google takes a 37.5% stake in the Atlantic Wind Connection, which is creating wind farns off the mid-Atlantic coast – off New Jersey and Delaware.
Richard L. Needham, the director of Google’s green business operations group, called the plan “innovative and audacious.”
“It is an opportunity to kick-start this industry and, long term, provide a way for the mid-Atlantic states to meet their renewable energy goals,” he said.
The first phase would go into operation by 2016, with the entire project fully operational no sooner than 2021.
via Google Invests in Mammoth Offshore Wind Farm.
See also Wind Power Backbone Sought Off Atlantic Coast – NYTimes.com.