Area Lease Auction for Offshore Wind Projects in California Raises $757 Million

The leased areas can produce over  4.6 GW of offshore wind energy

December 8, 2022

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The Biden administration said that it has received more than $757 million in winning bids for offshore wind development rights in California, making it the third major lease sale in this category this year and the first ever for the Pacific region.

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Rakesh Ranjan

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Area Lease Auction for Offshore Wind Projects in California Raises $757 Million

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