Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal Tech Talk
- The Future of Government Data Centers
- The Future of IT: How CIOs Can Enable the Service-Oriented Enterprise
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- The Truth About IT Opex and Software Defined Networking
- Value of Health IT
- Air Traffic Management Transformation Report
- Cloud First Report
- General Dynamics IT Enterprise Center
- Gov Cloud Minute
- Government in Technology Series
- Homeland Security Cybersecurity Market Report
- National Cybersecurity Awareness Month
- Technology Insights
- The Cyber Security Report
- The Next Generation Cyber Security Experts
Shows & Panels
Mitsubishi invests $770m in German offshore wind
Wednesday - 1/16/2013, 4:39am EST
BERLIN (AP) - Japan's Mitsubishi is investing (EURO)576 million ($770 million) in developing German offshore wind farms.
Netherlands-based grid operator Tennet said Wednesday that Mitsubishi will take a 49 percent stake in the (EURO)2.9 billion high-voltage cables linking four offshore farms to the German grid.
The four plants have a total production capacity of 2.8 gigawatts, more than two average nuclear reactors.
Linking the wind farms, some of which are more than 100 kilometers (60 miles) offshore, to electrical grids is costly. Tennet needs to invest a total of (EURO)5.8 billion to connect ten offshore wind farms, and has been struggling to finance the grid expansion.
Germany is phasing out nuclear power by 2022 in favor of renewable energies instead, and offshore wind is expected to become one of the main energy sources.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)