California floating wind auction closes at over $750 million

European developers dominated the US’s first floating offshore wind leasing round, which saw five seabed areas off the coast of California provisionally awarded for a combined $757.1 million.

by Hannah Holt and Craig Richard
BOEM believes the five sites off California's coast could support 4.5GW of offshore wind capacity (pic credit: Yew Images/Getty Images)
BOEM believes the five sites off California's coast could support 4.5GW of offshore wind capacity (pic credit: Yew Images/Getty Images)

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