US calls offshore wind auction a success off California waters

WASHINGTON D.C.: Proceeds from the US government's first sale of offshore wind development rights off the California coast has reached $757.1 million.

The bids have come mainly from European companies aiming to gain a share of the US wind-power industry's expansion in the Pacific Ocean.

Beginning on December 6 and ending on December 7, the auction was a milestone in the global expansion of floating wind p