Equinor kickstarted California floating wind development in Morro Bay with a contract for underwater site investigation with Anglo-American marine technology firm Ocean Infinity, launching the Golden State towards its 25GW by 2045 target.
Equinor won the 80,000-acre (324km2) lease some 20 miles (32 km) off the coast of Central California in the federal auction last December for $130m, the lowest price paid across all five zones.
