Tag: off shore wind
Offshore Wind Auction Breaks $4 Billion on Third Day of Bidding
The Biden's administration's sale of offshore wind development rights off the coasts of Long Island and New Jersey continued to shatter records on Friday, reaching over $4 billion with one single block fetching over $1 billion.
U.S. Offshore Wind Auction Bids Top $1.5 Billion, With More to...
The largest ever U.S. sale of offshore wind development rights - for areas off the coasts of Long Island and New Jersey - attracted a record $1.5 billion in bids on Wednesday, supporting President Joe Biden's plan to create a new domestic industry.