Google, Marubeni to develop underwater cables off US

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.
The cables will carry electricity from offshore wind turbines to be built in the Atlantic and eventually deliver around 6,000 megawatts of power to the four states of Delaware, Maryland, Virginia and New Jersey, Marubeni said.
On its official blog, Google said the corridor would produce the "equivalent to 60 percent of the wind energy that was installed in the entire country (US) last year" and serve approximately 1.9 million households.
"The new project can enable the creation of thousands of jobs, improve consumer access to clean energy sources and increase the reliability of the Mid-Atlantic region's existing power grid," the Internet search giant said.