Dominion Virginia Power wins 2nd-ever U.S. offshore wind lease

Dominion Virginia Power won the right to lease and develop a nearly 112,800-acre area off the coast of Virginia for wind power production after submitting a winning bid of $1.6 million, in the country's second-ever offshore-wind development auction. The area could generate enough wind power to supply about 700,000 homes, according to the Bureau of Ocean Energy Management.

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