Business > Top Business
DOE updates terms for GEA-5 projects

THE Department of Energy (DOE) on Thursday said it has issued supplemental terms of reference (TOR) for the fifth round of the Green Energy Auction (GEA-5) of fixed-bottom offshore wind projects.

Fixed-bottom offshore wind projects are renewable energy installations where wind turbines are permanently fixed directly to the seabed in shallow coastal waters up to 60 meters deep. Using foundations like monopiles or jackets, this technology provides stable, cost-effective power.