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MIL-OSI Submissions: Renewable Energy – Equinor solidifies New York offtake contract for Empire Wind 1

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WindAction | Empire Wind 1, Sunrise Wind finalize offtake agreements with NYSERDA

Governor Kathy Hochul announced the finalization of new contracts for Empire Wind 1, a planned 810-MW project (developed by Equinor), and Sunrise Wind, a planned 924-MW project (developed by Ørsted and Eversource) as the result of New York’s fourth offshore wind solicitation. .At a strike price of $155.00 per MW/h Empire Wind 1 is expected to deliver forward-looking real base project returns within the guided range for renewable projects. Following a final investment decision, Equinor plans to use project financing, with financial close anticipated by the end of 2024. Equinor intends to bring in a partner to reduce financial exposure.  

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New York Grants Final Approvals for Empire Wind to Start Construction

The New York State Public Service Commission granted Empire Offshore Wind its final approval, authorizing the project to begin construction on the 81.

Long islandNew yorkUnited statesSouth brooklynMolly morrisKathy hochulEquinor renewables americasBureau of ocean energy managementEdison company of new york incYork state energy researchDevelopment authorityYork state public service commissionNew york state public service commissionEmpire offshore windOcean energy managementNew yorkers

Equinor gets crucial final go-ahead for New York offshore wind giant

Equinor gets crucial final go-ahead for New York offshore wind giant
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New York gives Empire Wind green light - reNews - Renewable Energy News

New York gives Empire Wind green light - reNews - Renewable Energy News
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