366 results found for 'sunrise wind'

366 results found for 'sunrise wind'
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  • Ørsted Books EUR 1.6 Billion Impairment from Increased Costs, Sunrise Wind Delays in US

    21 January 2025
    Business & Finance, Business development

    Ørsted has reported impairment losses of DKK 12.1 billion (approximately EUR 1.62 billion) for the fourth quarter of 2024, citing rising costs for its offshore wind business in the US, mostly related to the development of the 924 MW Sunrise Wind project off the coast of New York. The Danish offshore wind developer said that […]

  • Global Offshore Wind to Rebound in 2025, Adding 19 GW of Capacity – Rystad Energy

    4 March 2025
    Industry, Market Outlooks, Outlook & Strategy

    According to research from Norway-headquartered Rystad Energy, the global offshore wind industry is set for a rebound in 2025, with capacity additions expected to reach 19 GW and sector-wide expenditure projected to hit USD 80 billion (approximately EUR 76 billion). A record wave of lease auctions is driving the resurgence, said Rystad Energy, with the […]

  • Ørsted’s Earnings from Operational Offshore Wind Farms Up 20 Pct

    6 February 2025
    Business & Finance, Fixed-Bottom

    Ørsted has reported 2024 earnings from its operational offshore wind farms of DKK 23.8 billion (approximately EUR 3.2 billion), up by 20 per cent compared to 2023. The global offshore wind developer said on 6 February the increase was mainly due to the ramp-up of generation at Greater Changhua 1 and 2a offshore wind project […]

  • Ørsted Slims Down Investment Programme, Discontinues Previous Renewable Energy Capacity Target

    7 February 2025
    Business & Finance, Fixed-Bottom, Floating Wind, Planning & Permitting

    Ørsted will reduce the investment programme the company planned to implement by 2030 by around 25 per cent, saying the reduction was in line with its commitment to ensure a capital structure that can support a solid investment grade credit rating. The slimmed-down strategic investment programme will not affect Ørsted’s construction portfolio which totals 9 […]

  • Edda Wind Takes Delivery of New CSOV

    13 June 2025
    Vessels

    Gondan Shipbuilders has delivered a new commissioning service operation vessel (CSOV), Austri Enabler, to Edda Wind. Edda Wind says the vessel secured a contract following delivery and will commence operation outside the UK in the third quarter of this year. The company did not share details about the project or the client for which the […]

  • New Jersey Cancels Fourth Offshore Wind Solicitation Amid Federal Shifts and Shell’s Exit

    4 February 2025
    Authorities, Planning & Permitting

    The New Jersey Board of Public Utilities (NJBPU) has cancelled the bidding process for the state’s fourth offshore wind solicitation, citing uncertainty caused by recent federal actions and Shell’s withdrawal from the Atlantic Shores offshore wind project. The state’s fourth round of offshore wind solicitation was launched in May 2024, initially aimed at awarding between […]

  • US Offshore Wind Farm Encounters Another Construction Hiccup

    5 November 2024
    Fixed-Bottom, Project Updates, Wind Farm Update

    After a delay in the construction of the onshore substation that also delayed the project’s commercial operation date, the Revolution Wind offshore wind farm in the US has faced a challenge with the installation of one of the offshore substation monopiles. This is according to the information shared by Ørsted in the company’s third-quarter results, […]

  • New York Bidders File Final Proposals, RWE Plans 2.8 GW Offshore Wind Farm

    21 October 2024
    Planning & Permitting, Project Updates, Wind Farm Update

    The developers who entered their projects in New York’s fifth solicitation for offshore wind energy have submitted finalised proposals, with RWE and National Grid Ventures’ Community Wind offshore wind farm now proposed to have a generation capacity of up to 2.8 GW and to be built in two phases by 2032. In September, the New […]

  • Skyborn Renewables Now Ørsted’s Joint Venture Partner on Two US Offshore Wind Farms

    1 October 2024
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Skyborn Renewables has become Ørsted’s joint venture partner on the South Fork Wind and Revolution Wind offshore wind farms in the US as Skyborn’s parent company, Global Infrastructure Partners (GIP), acquired Eversource Energy’s 50 per cent ownership share in the two projects. Eversource initiated a strategic review of its offshore wind investment portfolio that involves […]

  • Over Half of Sunrise Wind Foundation Components Built, Offshore Construction to Kick Off in 2025

    16 September 2024
    Fixed-Bottom, Foundations, Manufacturing, Project Updates, Supply Chain, Wind Farm Update

    More than half of the advanced foundation components for the 924 MW Sunrise Wind offshore wind farm have already been built, as the project gears up for offshore construction in 2025. Ørsted selected Riggs Distler & Company, a union construction solutions firm with offices in Mt. Vernon and Saugerties, New York, as the general contractor […]

  • RWE Gets Go-Ahead for 100 MW Electrolyzer for Offshore Wind-to-Hydrogen Project

    1 November 2024
    Clean Fuels, Fixed-Bottom, Power-to-X, Project Updates, Technology, Wind Farm Update

    German energy company RWE has secured construction and environmental permits to build a 100 MW electrolyzer in Eemshaven, the Netherlands. The electrolyzer is part of system integration solutions associated with OranjeWind, an offshore wind project RWE is jointly developing with TotalEnergies in the Dutch North Sea. RWE described the permits as an important step in […]

  • Ørsted Becomes Sole Owner of 924 MW Sunrise Wind in US for USD 152 Million

    10 July 2024
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted and Eversource have finalized the transaction for Eversource’s share in the Sunrise Wind offshore wind project, initially announced in January. Ørsted has acquired its former partner’s stake for USD 78 million (approximately EUR 72 million) less than the originally agreed price earlier this year. In the agreement signed in January, the two companies agreed […]

  • BOEM Gives Ørsted’s Sunrise Wind Green Light to Begin Offshore Construction

    24 June 2024
    Authorities, Fixed-Bottom, Planning & Permitting

    The US Bureau of Ocean Energy Management (BOEM) has approved Sunrise Wind’s construction and operations plan (COP), marking the final approval needed for the federal agency to move the 942 MW offshore wind project toward the start of offshore construction. Sunrise Wind, New York’s largest offshore wind project, is being developed by Ørsted and Eversource […]

  • New York’s Largest Offshore Wind Farm Breaks Ground

    18 July 2024
    Fixed-Bottom, Project Updates, Wind Farm Update

    On 17 July, New York Governor Kathy Hochul announced the start of construction of Sunrise Wind, the state’s largest offshore wind project, developed by Ørsted. The groundbreaking at the Boys and Girls Club of Bellport on Long Island officially kicked off the start of the 924 MW Sunrise Wind project which is said to support […]

  • Ørsted to Take Full Ownership of 924 MW Sunrise Wind Offshore Wind Farm in US

    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 […]

  • Ørsted Buys Sunrise Wind Stake from Eversource

    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. […]

  • Aker Solutions Picks MRC Global for Sunrise Wind Project

    23 February 2022
    Contracts & Tenders

    Aker Solutions AS has awarded MRC Global Norway AS with a contract to provide the complete scope of valves, instrumentation, piping, tubing, and fittings for the Sunrise Wind offshore wind power project in the US. Last year, Aker Solutions AS won a EUR 309 million contract to deliver the offshore converter platform, consisting of a […]

  • New York State Selects Two Shovel-Ready, Re-Bid Projects in 4th Offshore Wind Solicitation

    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 […]

  • Ørsted and Eversource Setting Up Offshore Wind O&M Hub on Long Island

    24 November 2020
    Operations & Maintenance

    Sunrise Wind has purchased a facility in Suffolk County, New York, that will serve as the regional Operations and Maintenance (O&M) hub the offshore wind joint venture between Ørsted and Eversource. Located in East Setauket, the Town of Brookhaven, the Research Way O&M facility will also be used to help support the joint venture’s portfolio […]

  • Ørsted, Eversource Greenlight 924 MW Sunrise Wind After Securing US Approval

    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 […]

  • BOEM Proposes Fewer Turbines for Ørsted’s 924 MW Offshore Wind Project

    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 […]

  • US Energy Company Braces for USD 1.6 Billion Offshore Wind Impairment Charge

    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 […]

  • WSP Links Up with Aker Solutions for First US HVDC Offshore Wind Farm

    3 August 2023
    Contracts & Tenders, Grid Connection

    WSP USA has been named the professional engineer for the offshore high-voltage direct current (HVDC) converter platform for Sunrise Wind Farm, the first US offshore wind project that will use HVDC technology. Sunrise Wind is owned by a partnership between Ørsted Offshore North America, a Danish multinational power company; and Eversource Energy, a New England-based […]

  • New York Company Secures USD 86 Million Offshore Wind Foundation Deal with Ørsted and Eversource

    11 October 2021
    Contracts & Tenders, Wind Farm Update

    Ørsted and Eversource have signed a USD 86 million (around EUR 74 million) contract with Riggs Distler & Company for the supply of wind turbine foundations for the Sunrise Wind offshore wind project in New York. This represents the largest, single offshore wind supply chain contract award in New York State and positions the Port […]

  • Aker Solutions Wins EUR 309 Million Offshore Wind Contract in US

    27 October 2021
    Contracts & Tenders, Wind Farm Update

    Aker Solutions has won a contract for the Sunrise Wind offshore wind project in the US, valued at more than NOK 3 billion (approx. EUR 309 million / USD 358 million). Under the contract secured with Ørsted and Eversource, the company will provide the high-voltage direct current (HVDC) transmission system for their offshore wind farm […]

  • Equinor, Ørsted Sign New Empire Wind 1, Sunrise Wind Contracts with New York State

    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 […]