Saturday, 22 February 2025

Focus on Empire Wind

Equinor is developing the Empire Wind 1 & 2 wind farms offshore New York. They will be capable of producing 2.1 GW of renewable energy. The commercial lease for this federal offshore wind area was signed by Equinor in March 2017, following the Department of the Interior’s Bureau of Ocean Energy Management’s (BOEM) successful auction in December 2016. First power is expected to be delivered in the mid-2020s. (Source: project website)

News Release

Equinor fourth quarter and full year 2024 results

Equinor (OSE:EQNR, NYSE:EQNR) delivered adjusted operating income* of USD 7.90 billion and USD 2.29 billion after tax in the fourth quarter of 2024....

FILE PHOTO: The logo of Equinor is set up at the entrance of a building at Western Europe's largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. REUTERS/Lisi Niesner/File Photo
BusinessElectricityNewsOffshore WindWind

Equinor secures $3 billion financing for U.S. Empire Wind 1 project

The company expects the total capital investments to be around $5 billion.

News ReleaseElectricityManufacturing

First monopile successfully manufactured in expanded production facilities: Sif completes first foundation for Equinor’s Empire Wind 1 project

Roermond, 29 November 2024. Sif Holding announces that it successfully manufactured the first of 54 monopiles for Equinor’s Empire Wind 1 wind project...

A construction barge and crane float next to the first jacket (Centre) installed to support a turbine for a wind farm in the waters of the Atlantic Ocean off Block Island, Rhode Island July 27, 2015. Other support jackets and platforms sit on a barge (Left) behind the crane. The project by Deepwater Wind off the coast of Block Island, was North America's first offshore wind farm. At the time, the company said the milestone could pave the way for an industry long established in Europe but still struggling with opposition in the United States. REUTERS/Brian Snyder
AnalysisBusinessElectricityIn-DepthPoliticsRegulationsUtilitiesWind

Status update: U.S. offshore wind projects from permit stage to online

With U.S. offshore wind capacity set to grow rapidly over the next few years, we take stock of where things are now and...

News Release

Vestas secures its first U.S. offshore order with 810 MW Empire Wind 1 project

Portland, 9 Sept 2024 Vestas has secured an 810 MW offshore order from Equinor to power New York’s Empire Wind 1 offshore wind...

FILE PHOTO: Equinor's logo is seen at the company's headquarters in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo
BusinessNewsOffshore WindWind

Equinor scraps Spain, Portugal offshore wind plans as costs rise

State-controlled Equinor needs to prioritise capital more than in the past given rising costs in the offshore wind sector, due to inflation, high...

News Release

Governor Hochul Announces New Large-Scale Renewable Energy Solicitation to Deliver Clean Electricity Across NY State

Final Proposals for Large-Scale Land-Based Renewable Energy Projects Due in August 2024 Supports Progress Toward Achieving New York’s Climate Act Goal to Obtain...

News Release

Groundbreaking at South Brooklyn Marine Terminal to Transform Port Into NYC Offshore Wind Hub

Revitalized SBMT will support Equinor’s Empire Wind 1 as offshore wind era advances in New York BROOKLYN, N.Y.--(BUSINESS WIRE)--Equinor today broke ground on...

News Release

Mayor Adams, Governor Hochul, NYCEDC, Equinor, SSBMT Announce Start of Construction to Transform South Brooklyn Marine Terminal Into Nation’s Largest Offshore Wind Port

City’s First Offshore Wind Transmission Connection and Port in Sunset Park to Become Staging Hub for 54-Turbine Empire Wind 1 Project, Will Deliver 810 Megawatts...

News ReleaseElectricityOffshore Wind

Equinor Solidifies New York Offtake Contract for Empire Wind 1

BROOKLYN, N.Y.--(BUSINESS WIRE)--Equinor today announced the execution of the Purchase and Sale Agreement (PSA) with the New York State Energy Research and Development...

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