The Biden administration’s sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from developers that included major European energy companies. The auction, which began on Wednesday and stretched into Friday afternoon, is the first offshore wind lease sale under U.S. President Joe Biden, who sees the expansion of the industry as a way to tackle climate change and create jobs. The administration has set a goal to install some 30 gigawatts (GW) of offshore wind by 2030 along the nation’s coastlines and several states, including New York and New Jersey, have set ambition mandates for clean power adoption. “This week’s offshore wind sale makes one thing […]