Search results for: sunrise Wind

346 results

A list of search results

  • 22 April 2024
    Business & Finance, Collaboration, Fixed-Bottom, Outlook & Strategy, Project Updates, Wind Farm Update

    US utility Eversource Energy has finalized definitive documents regarding its previously announced agreement to sell its 50 per cent ownership stake in the 924 MW Sunrise Wind offshore wind project to Ørsted. Eversource will remain contracted, under a separate construction management agreement, to lead the onshore construction of the Sunrise Wind project following the closing. […]

  • 9 January 2024
    Business & Finance, Collaboration, Fixed-Bottom, Industry, Market Outlooks, Outlook & Strategy, Project Updates, Supply Chain

    Eversource Energy expects to record an impairment charge of between USD 1.4 billion and USD 1.6 billion related to three offshore wind projects in the United States the company owns in partnership with Ørsted. The New England utility is currently in the process of divesting its 50 per cent ownership interest in three offshore wind […]

  • 3 May 2024
    Fixed-Bottom, Grid Connection, Offshore Platforms, Onshore Infrastructure, Project Updates, Wind Farm Update

    The four transformers for the substations that will receive and transmit the electricity produced by the Sunrise Wind offshore wind farm to the mainland have arrived in New York, according to a social media post by Siemens Energy, which is supplying the high-voltage direct current (HVDC) transmission system for the 924 MW offshore wind project […]

  • 25 January 2024
    Business & Finance, Business development, Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted has signed an agreement with Eversouce to acquire the company’s 50 per cent share of the 924 MW Sunrise Wind offshore wind farm, a project that would deliver power to New York. The acquisition is subject to the successful award of Sunrise Wind in the ongoing New York fourth solicitation for offshore wind capacity, the […]

  • 29 February 2024
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    New York State Energy Research and Development Authority (NYSERDA) has selected Equinor’s Empire Wind 1 and Ørsted and Eversource’s Sunrise Wind projects in the state’s fourth offshore wind solicitation. Both projects secured agreements with the state earlier and re-bid in this procurement round to negotiate new 25-year contracts. NYSERDA and the developers of the selected […]

  • 27 March 2024
    Authorities, Business & Finance, Business development, Planning & Permitting, Project Updates, Wind Farm Update

    The 924 MW Sunrise Wind offshore wind farm has received its Record of Decision (ROD) from the US Department of Interior’s Bureau of Ocean Energy Management (BOEM). In addition, the project’s developers, Ørsted and Eversource, have taken a final investment decision (FID) on Sunrise Wind and will now advance with onshore construction activities. Located approximately […]

  • 5 June 2024
    Authorities, Business & Finance, Contracts & Tenders, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    The State of New York and the developers of Empire Wind 1 and Sunrise Wind projects, Equinor and Ørsted, have signed Offshore Wind Renewable Energy Certificate (OREC) Purchase and Sale Agreements for the two projects the developers re-bid in the state’s fourth offshore wind solicitation and were awarded capacity. Empire Wind 1 and Sunrise Wind […]

  • 12 December 2023
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) has completed its environmental review of Ørsted’s Sunrise Wind project. In the Final Environmental Impact Statement (EIS), issued on 11 December, BOEM proposes an alternative layout for the offshore wind farm with fewer turbines. With the final EIS now released and set to be published in the […]

  • 27 March 2024
    Business & Finance, Contracts & Tenders, Supply Chain, Vessels

    Denmark’s Cadeler has signed an offshore wind turbine installation contract for the vessel, Wind Scylla, with an undisclosed client. The contract has a value between USD 75 million and USD 150 million, including both the firm period and potential options. The installation work is planned to commence in 2025. During the project duration, spanning between […]

  • 16 April 2024
    Project Updates, Vessels

    The United States’ first Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, has been launched to water at Seatrium AmFELS shipyard in Brownsville, Texas. The vessel, which will be operated by Dominion Energy’s subsidiary Blue Ocean Energy Marine, was launched after the welding of the hull and the commissioning of the vessel’s four legs and related […]

  • 3 April 2024
    Fixed-Bottom, Project Updates, Wind Farm Update

    All 111 Siemens Gamesa SG 8.0-167 DD wind turbines at the 900 MW Greater Changhua 1 and 2a offshore wind farms have achieved first power and been connected to the Taiwanese national grid. Offshore construction at Ørsted’s Greater Changhua 1 and 2a commenced in the summer of 2021 with the installation of the first wind […]

  • 13 May 2024
    Vessels

    Ørsted and the US shipbuilder Edison Chouest Offshore (ECO) officially christened the first-ever US-built service operations vessel (SOV), ECO Edison, at the Port of New Orleans on 11 May. The construction of the vessel started in March 2022 at ECO’s shipyard in Louisiana, where ECO marked a 50-per cent completion milestone in April last year. […]

  • 29 February 2024
    Fixed-Bottom, Project Updates, Wind Farm Update

    All 111 Siemens Gamesa SG 8.0-167 DD wind turbines have been installed at the Greater Changhua 1 and 2a offshore wind farms in Taiwan, according to an update shared on social media by Per Mejnert Kristensen, President of Ørsted Asia Pacific. Offshore construction on the Greater Changhua 1 and 2a wind farms started in the summer of […]

  • 4 January 2024
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    The US joint venture between BP and Equinor has agreed with the New York State Energy Research and Development Authority (NYSERDA) to terminate the Offshore Wind Renewable Energy Certificate (OREC) agreement for the 1,260 MW Empire Wind 2 offshore wind project that recently obtained federal approval. The move comes after the joint venture, and two […]

  • 26 January 2024
    Authorities, Business & Finance, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Ørsted has unveiled that it is pulling out of an offtake agreement with the State of Maryland for its 966 MW Skipjack Wind offshore wind project in the US. Following consultation with the State of Maryland, Ørsted has withdrawn from the Maryland Public Service Commission Orders approving the Skipjack 1 and 2 offshore wind projects. […]

  • 24 April 2024
    Authorities, Planning & Permitting

    New York Governor Kathy Hochul has unveiled plans to launch the fifth offshore wind solicitation (NY5) this summer. In addition, Governor Hochul announced on 23 April that a USD 200 million Supportive Manufacturing and Logistics Request for Proposals (RFP) is open to support infrastructure investments in the state’s domestic offshore wind supply chain. The news […]

  • 1 December 2023
    Industry, Supply Chain

    The International Marine Contractors Association (IMCA) has published the “industry’s first” standard contract for transport and installation (T&I) works in offshore wind projects. The contract has been written to ensure a fairer allocation of risk, IMCA said. Building on the organisation’s contracting principles release in January, its publication comes on the heels of an IMCA-led […]

  • 4 March 2024
    Business & Finance, Business development, Fixed-Bottom, R&D, Research & Development

    The Nautical SUNRISE consortium partners have commenced the project whose goal is to facilitate research and development of offshore floating solar systems and its components. The project aims to integrate a 5 MW offshore floating solar system within RWE’s OranjeWind, a wind farm to be built 53 kilometres off the Dutch coast. Research and development […]

  • 6 November 2023
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Planning & Permitting, Project Updates, Supply Chain, Vessels, Wind Farm Update, Wind Turbines

    Several days ago, Ørsted called it quits on the Ocean Wind 1 offshore wind farm in the US, with some of the main issues leading to the decision to abandon the project being supply chain bottlenecks, primarily vessel shortages. This has affected not only the now-dropped Ocean Wind 1 but also the company’s Revolution Wind […]

  • 14 November 2023
    Business & Finance, Fixed-Bottom, Floating Wind, Industry

    Ørsted’s Chief Financial Officer (CFO) and Chief Operating Officer (COO) are leaving the company, and with immediate effect, as a result of “a challenging and volatile business environment” in the industry, according to the offshore wind major. Ørsted is already head-hunting for the new CFO and COO. Daniel Lerup and Richard Hunter, Ørsted’s now-former CFO […]

  • 9 November 2023
    Business & Finance, Fixed-Bottom, Manufacturing, Project Updates, Supply Chain, Vessels

    The first US-built and Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, will be completed in late 2024 or early 2025, Dominion Energy said in its financial report for the third quarter of 2023, confirming the information that surfaced after the company’s second quarter report in August. Construction of the first US WTIV started […]

  • 1 November 2023
    Business & Finance

    Due to adverse impacts relating to supply chain delays, increased interest rates, and the lack of an Offshore Wind Renewable Energy Credit (OREC) on Sunrise Wind, Ørsted has recognised impairment losses of DKK 28.4 billion (about EUR 3.8 billion) in the first nine months of 2023. The majority of impairment losses, DKK 19.9 billion, relate […]

  • 13 October 2023
    Authorities, Industry, Planning & Permitting

    New York Governor Kathy Hochul has announced the release of a new 10-Point Action Plan to expand and support the growing large-scale renewable energy industry in the state. One of the plan’s points outlines that the New York State Energy Research and Development Authority (NYSERDA) plans to launch an accelerated renewable energy procurement process for […]

  • 13 October 2023
    Authorities, Business & Finance, Contracts & Tenders, Fixed-Bottom, Industry, Planning & Permitting

    The New York State Public Service Commission has denied petitions filed by a group of offshore wind developers and a state renewable energy trade association seeking financial relief for four proposed offshore wind projects and 86 land-based renewable projects. The petitions denied were submitted by Empire Offshore Wind LLC and Beacon Wind LLC, Sunrise Wind […]

  • 11 September 2023
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) has completed the environmental review of the Empire Wind 1 & 2 offshore wind farms, proposed to be built offshore New York by a joint venture of BP and Equinor, and plans to issue a Record of Decision (ROD) on whether to approve the project this autumn. […]

  • 30 August 2023
    Business & Finance, Business development, Fixed-Bottom, Industry, Infrastructure, Market Outlooks, Outlook & Strategy

    The world’s leading offshore wind developer, Ørsted, could book impairments of DKK 16 billion (EUR 2.15 billion) on its US portfolio due to adverse impacts relating to the supply chain, lack of favorable progress in Investment Tax Credit (ITC) guidance, and increased interest rates. The Ocean Wind 1, Sunrise Wind, and Revolution Wind projects are […]