The U.S. government held its first-ever lease sale for offshore wind energy development rights off the coast of California Dec. 7, drawing more than $757 million in high bids from five companies.
In all, 43 companies bid for the chance to build massive floating wind turbines in two regions: Morro Bay in central California and Humboldt County along the state’s northern coast near Oregon. The leases cover a combined 373,267 acres.
