Norwegian energy giant Equinor has been selected to develop two large offshore wind farms off New York State in what is said to be one of the largest renewable energy procurements in the United States history.
Under the procurement award, Equinor and its strategic partner BP will provide 1,260 MW capacity of offshore wind power from Empire Wind 2 project and another 1,230 MW of power from Beacon Wind 1. Combined with Equinor’s Empire Wind 1 project’s 816 MW capacity, the projects will total 3.3 gigawatts of renewable power to the State.
The award was granted by the New York State Energy Research and Development Authority (NYSERDA) and is subject to the successful negotiation of a purchase and sale agreement.
The award includes stipulations that the companies will partner with the State to transform two New York ports, the South Brooklyn Marine Terminal (SBMT) and the Port of Albany, into large-scale offshore wind industrial facilities, positioning New York to become an offshore wind industry hub.
Seperately, the State of New York announced plans develop the nation’s first offshore wind tower manufacturing facility at the Port of Albany.
“The U.S. East Coast is one of the most attractive growth markets for offshore wind in the world,” says Anders Opedal, CEO of Equinor. “The successful bids for Empire Wind 2 and Beacon Wind 1 represent a game-changer for our offshore wind business in the U.S. and underline Equinor’s commitment to be a leading company in the energy transition. These projects will also create value through economies of scale and support our strategic ambition of becoming a global offshore wind major.”
“Together, Equinor and the State of New York will create a robust offshore wind supply chain capable of manufacturing, assembling, and staging these projects at scale,” says Siri Espedal Kindem, President of Equinor Wind U.S.
New York State Governor Andrew Cuomo today spoke of the state’s plans for renewable energy projects in his State of the State address. “This is the largest production of renewable energy by any state in U.S. history,” said Governor Cuomo.
“Altogether, our offshore wind and land-based renewable projects will reduce carbon emissions by almost 16 million metric tons per year—attracting nearly $26 billion in direct investments and creating over 17,000 good-paying jobs,” said Cuomo.
March 22 (Reuters) – The Biden administration on Friday released new rules that will make it easier for offshore wind developers to claim a subsidy for facilities planned in areas that have historically relied...
By Lars Paulsson (Bloomberg) — On the outskirts of Rotterdam, a bright orange ship is hoisted above the muddy Rhine with the help of six chunky triangular legs. The vessel has just been retrofit with a huge...
The Biden Administration has announced plans for a second offshore wind lease sale in the Gulf of Mexico after a first sale which, despite its historic significance, earned only a...
March 20, 2024
Total Views: 578
Why Join the gCaptain Club?
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.