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Canadian energy company Northland Power will not be submitting a bid to develop an offshore wind project off Kitty Hawk, North Carolina this March.
The US Bureau of Ocean Energy Management (BOEM) will hold a commercial wind lease sale for the 122,405-acre area offshore Kitty Hawk, North Carolina on 16 March 2017, and has identified nine companies as eligible to participate in the auction.
Update: Another bidder drops out of the race for the North Carolina offshore wind lease area in Round 17. The winning bid was USD 9,066,650.
After Northland Power withdrew from the upcoming US offshore wind auction for a site off Kitty Hawk, North Carolina, Outer Banks Ocean Energy and Shell, which are also among the nine eligible bidders for the area, will not participate in the commercial lease sale to be held on 16 March, the Triangle Business Journal writes.
The U.S. Bureau of Ocean Energy Management (BOEM) signed Avangrid’s offshore wind lease for the 122,405-acre Kitty Hawk site off North Carolina on 10 October. The lease will go into effect on 1 November 2017.
Iberdrola is increasing its net investments by EUR 1 billion, from EUR 24 billion planned at the beginning of 2016 to EUR 25 billion, with 42% of the amount earmarked for renewable energy projects, with most of them located in the United States.
After Avangrid Renewables, which recently built North Carolina’s first onshore wind farm, won the rights to develop an offshore wind project off Kitty Hawk for more than USD 9 million, the American Wind Energy Association (AWEA) hailed the potential effect of the offshore wind industry on the state’s economy.
APEM will carry out ultra-high resolution aerial digital surveys of offshore wildlife off the coast of North and South Carolina on behalf of the U.S. Bureau of Ocean Energy Management (BOEM).
Avangrid, the U.S. arm of the Spanish renewable energy giant Iberdrola, has announced the pricing of 3.150% of its notes in aggregate principal amount of USD 600 million, and will use the net proceeds of the offering to finance and/or refinance its renewable energy projects in the U.S., including offshore wind farms.
Oil & gas giant Shell has filed the required documents to qualify for bidding at an upcoming offshore wind lease sale in Massachusetts, due to take place this fall, according to Bloomberg Environment.
After entering renewable energy development partnership with GE last year, Italian oil and gas company Eni made another move into the sector as it signed an agreement with Statoil for the development of clean energy projects on 14 March.