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Offshore wind energy near the Big Apple draws intense bidding

An auction for the rights to develop a wind farm in federal waters starting 12 miles off Long Island, N.Y., shattered records today. After 33 rounds and more than a day of bidding, Statoil emerged as the winner with a bid of nearly $42.5 million. “New York has shown the promise of offshore wind power … Continue reading Offshore wind energy near the Big Apple draws intense bidding

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