Norway's Statoil submitted a winning $42.5m bid to gain commercial development rights to a high-profile offshore wind zone that could feed power to New York City, setting a US industry record after 33 rounds of bidding in a lease auction that spilled over into a second day.
Statoil says the zone could accommodate more than 1GW of offshore wind capacity, and it would likely start with a 400-600MW development.
