Google and investment firms Good Energies and Marubeni Corp. announced on Oct. 12 that they would back the early stages of developing a 350-mile DC transmission line from northern New Jersey to Norfolk, Va. The line, being developed by Chevy Chase, Md.–based Trans-Elect, would provide a transmission backbone linking several different wind farms off the Atlantic Coast and add up to 6,000 MW to the Atlantic grid. Construction of the first phase of the line, from northern New Jersey to Rehoboth Beach, Del., could begin in 2013, cost $1.8 billion and be complete by 2016. The total project is expected
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.