TotalEnergies Wins $160 Mn Bid to Develop Offshore Wind Farm

France-based energy leader TotalEnergies has been named a winner by the Bureau of Ocean Energy Management of maritime lease area OCS-A 0545 in the United States, as part of the Carolina Long Bay auction held recently.

May 16, 2022. By News Bureau

France-based energy leader TotalEnergies has been named a winner by the Bureau of Ocean Energy Management of maritime lease area OCS-A 0545 in the United States, as part of the Carolina Long Bay auction held recently.

This bid for the development of an offshore wind farm in the Carolina Long Bay area offshore North Carolina was won for a consideration of US$ 160 million by TotalEnergies.

The project at Carolina Long Bay is part of the U.S. government's aim to make use of 30 GW of offshore wind in the country by the year 2030, as a measure to tackle the climate challenge.

Situated 20 nautical miles (37 kilometers) away from the coast, the lease consists of a 120 square nautical miles (222 square kilometers) area that will produce a capacity of more than 1 GW, sufficient to supply power to more than 300,000 homes. The project is expected to come online by 2030.

This announcement comes following the award in February 2022 of a lease to establish a 3 GW wind farm off the coast of New York and New Jersey, United States.

“Being awarded this lease, our second offshore wind project in the U.S., demonstrates the strength of our commitment to the country and to our transformation in a multi-energy Company. This project adds to our portfolio of more than 10 GW gross capacity of renewable projects in operation, in construction, and in development in the U.S. It is one more step towards our objective of reaching 100 GW of renewable electricity generation worldwide by 2030,” said Patrick Pouyanné, Chairman and CEO, TotalEnergies.

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