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Equinor wins commercial-scale lease in California – deepens leading floating offshore wind position
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Equinor wins commercial-scale lease in California – deepens leading floating offshore wind position
Business
Date posted: 08.12.2022
Category: Business News
San Francisco, California – As provisional winner of a lease area on the Outer Continental Shelf off California, Equinor continues to lead the way in growing the US’ offshore wind industry.
Five leases were offered by the Bureau of Ocean Energy Management (BOEM) in thefirst-ever offshore wind lease sale on the US west coast and the first-ever US sale to support commercial-scale floating offshore wind energy development opportunities. With a bid of USD 130 million for 80.062 acres in the Pacific Ocean, Equinor secured a ~2-gigawatt (GW) lease in the Morro Bay area that has the potential to generate enough energy to power ~750 000 US homes.
Source: Equinor