The area awarded is one of the five located off the California coast, which has been the subject of an auction held by the BOEM. This auction is of particular note as it marks the first floating offshore wind lease sale in the country, and the first offshore wind lease sale of any type on the West Coast.
When fully constructed and operational, the Golden State Wind lease area will be able to accommodate approximately 2 GW of offshore wind power, generating enough power to power the equivalent of 900,000 homes. In this way, the US and California will be closer to achieving their clean energy goals of 15 GW of floating offshore wind generation by 2035 in the country and 5 GW by 2030 in California.
As part of the winning bid from OW and CPP Investments, Golden State Wind is committed to investing in workforce development and supply chain initiatives, as well as collaborating closely with key local players to maximize benefits. in California of the emerging offshore wind industry.
OW is currently developing some 4 GW of offshore projects in the Northeast US through Mayflower Wind, off the New England coast, and Bluepoint Wind, off the New York and New Jersey coasts. The latest project is developed outside of the seabed lease zone, awarded at the New York Bight auction earlier this year.
Ocean Winds is an international offshore wind company created by EDP Renewables (EDPR) and Engie, 50/50, and has more than 10 years of experience in floating offshore wind energy. In particular thanks to the development and operation of Windfloat Atlantic (Portugal), the world's first fully operational floating offshore wind farm from a commercial point of view. In addition, OW has a significant portfolio of floating projects in Europe and South Korea.