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Renewables
Kent Knutson
Kent Knutson
Top Contributor
 · Posted in Renewables

Equinor wins commercial-scale lease in California - deepens leading floating offshore wind position

Equinor secures a ~2-GW floating offshore wind lease in California's Morro Bay

Five leases were offered by the Bureau of Ocean Energy Management (BOEM) in the first-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. Equinor's bid was USD 130 million for 80.062 acres. "The US is a key market for Equinor’s offshore wind activities and one where we aspire to be a leader in growing this new energy industry,” says Molly Morris, President of Equinor Wind US.