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Norway's Equinor has submitted a bid for ‘shovel-ready’ Empire Wind 1 offshore wind project to New York’s expedited fourth wind solicitation. If awarded, Empire Wind 1 is expected to provide first power in 2026, and will be able to deliver renewable power to more than half a million New York home, according to Equinor. Already several years into development,... Continue Reading →
(Reuters) - New York State said on Friday it received bids to supply power from three offshore wind projects in its expedited fourth solicitation that allowed developers to exit old contracts and re-offer projects at higher prices. Companies that submitted bids included units of Equinor (EQNR.OL), opens new tab, Orsted (ORSTED.CO), opens new tab, and a joint... Continue Reading →
(OE) The US Bureau of Ocean Energy Management (BOEM) and the National Oceanic and Atmospheric Administration (NOAA) Fisheries have released a final joint strategy to protect and promote the recovery of endangered North Atlantic right whales while responsibly developing offshore wind energy. The strategy builds on existing mitigation measures to protect North Atlantic right whales... Continue Reading →
(Reuters) - Offshore wind developers submitted revised bids to supply power to New York state on Thursday to cope with soaring costs, with industry heavyweights Equinor (EQNR.OL), opens new tab and BP (BP.L), opens new tab saying they would no longer develop projects together. The closely watched New York solicitation, which allows companies to exit old contracts and re-offer... Continue Reading →
(Reuters) - Norway's Equinor (EQNR.OL), opens new tab maintains an ambition to reach 12-16 gigawatts (GW) of installed renewable energy capacity by 2030, despite dropping out of some projects in New York, its renewables head told Reuters on Friday. "The 12 to 16 gigawatt ambition by 2030, we are not changing that now," Paal Eitrheim said in... Continue Reading →
(Reuters) - Colombia's renewable energy sector could get investment of up to $2.2 billion in 2024 across 66 projects that are soon to enter production or waiting to complete paperwork, renewable energy association SER Colombia said on Thursday. Colombia has set its sights on developing renewable energy sources, such as solar, wind and geothermal, as... Continue Reading →
(Reuters) Norway's Equinor said on Thursday it had entered into a swap transaction with BP to take full ownership of Empire Wind lease and projects while the British energy company takes over Beacon Wind. Equinor will also take over BP's 50% share of the South Brooklyn Marine Terminal (SBMT) lease, the company said. Following the... Continue Reading →
(OE) The U.S. government has awarded a major grant to the Humboldt Bay Harbor, Recreation, and Conservation District for the construction of a new marine terminal to be primarily used for floating offshore wind-related activities. The grant for the Humboldt Bay Offshore Wind MVP (Minimum Viable Port) project comes through the U.S. Department of Transportation’s... Continue Reading →
(OE) Ørsted has signed an agreement with Eversource to acquire Eversource’s 50% share of Sunrise Wind, a 924 MW offshore wind farm which would deliver power to New York. The acquisition is subject to the successful award of Sunrise Wind in the ongoing New York 4 solicitation for offshore wind capacity, signing of an Offshore... Continue Reading →
(Reuters)Several offshore wind developers will likely bid in New York's fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted, Equinor and BP. The development of the U.S. offshore wind industry took a major blow last year when companies working in several states said they could no longer complete projects... Continue Reading →
