GE - Get Report) have been focusing more on the global offshore wind project business. The largest terrestrial wind project planned in the U.S., by A-Power Energy Generation Systems ( APWR) is a 600 MW project and is still in the planning stages. Google's plan is that by putting the undersea transmission line in place it will remove a major barrier to scaling up offshore wind, which it noted in its blog post still does not exist in the U.S., other than one federally approved lease. Of course, it's a long way from announcing a major wind power project to actually completing it, and the road for Google and its financial partners will include the usual bureaucratic hurdles, from uncertain government support in the form of tax credits and subsidies, to federal vs. state offshore rights and the fact that wind power, while cheaper than solar, remains a more expensive form of energy than conventional fuel sources. Additionally, wind power is an intermittent source and that poses problems for the reliable delivery of energy.
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