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Google to invest in wind-power project
After rolling out a high-tech car that could drive itself, Internet search engine giant Google is now venturing into clean energy businesses. Google in a joint venture with Japanese trading house Marubeni Corp will form a joint venture to develop undersea power cables off the US Atlantic coast to deliver electricity from offshore wind. 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.