Offshore Wind farm

GE Releases Optimistic Guidance for 2011

Helped by the expansion of its industrial business, General Electric expect to boost its revenue in fiscal 2011, CEO Jeff Immelt said in a presentation to investors Tuesday.

Google Invests in Offshore Wind Energy Network

Google is taking an investment stake in the construction of a major undersea power network off the mid-Atlantic coast, the company announced Tuesday. The project is designed to deliver enough energy to power 1.9 million households from offshore wind turbines to the Eastern Seaboard.