379 results found for 'sunrise wind'

379 results found for 'sunrise wind'
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  • First Monopiles In at New US Offshore Wind Farm, Saipem 7000 En Route to Install OSS

    20 August 2025
    Fixed-Bottom, Foundations, Grid Connection, Offshore Platforms, Project Updates, Supply Chain, Wind Farm Update

    The first foundations have been installed at the Sunrise Wind offshore wind farm site in US federal waters off the coast of New York, and the project’s offshore substation (OSS) is also set to be installed soon. In its report for the first half of the year, the Sunrise Wind owner and developer, Ørsted, said that the […]

  • Substation Installed at Ørsted’s New US Offshore Wind Farm

    30 September 2025
    Fixed-Bottom, Grid Connection, Offshore Platforms, Project Updates, Vessels, Wind Farm Update

    The offshore substation (OSS) for the Sunrise Wind project, a new offshore wind farm Ørsted is building in the US, has been installed and is now undergoing commissioning work. The OSS was installed by Saipem’s heavy lift installation vessel Saipem 7000 in the first half of September, according to information in the Notices to Mariners for […]

  • Cable Installation Work Underway at Ørsted’s Two US Offshore Wind Farm Sites

    19 November 2025
    Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted has completed the 2025 foundation installation campaign at the Sunrise Wind offshore project site in the US and is now commencing cable installation works on both its projects under construction in the Northeast US, Revolution Wind and Sunrise Wind. According to the latest Notice to Mariners from the developer, Bokalift 2 and Bokalift 1 […]

  • Ørsted Moving Ahead with EUR 8 Billion Rights Issue to Build Sunrise Wind, Shore Up Finances Amid US Market Uncertainty

    25 August 2025
    Business & Finance, Fixed-Bottom

    Ørsted has appointed a syndicate of BNP PARIBAS, Danske Bank A/S and J.P. Morgan SE as Joint Global Coordinators, next to Morgan Stanley & Co International, for the planned DKK 60 billion (around EUR 8 billion; USD 9.4 billion) rights issue, proceeds of which will be used to fund the construction of the Sunrise Wind […]

  • Ørsted Plans Rights Issue to Fund Building US Offshore Wind Farm Alone, Danish State Commits as Majority Subscriber

    11 August 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted plans to launch a rights issue with pre-emptive rights for existing shareholders to raise DKK 60 billion (around EUR 8 billion) in gross proceeds, most of which will go to funding the construction of the Sunrise Wind offshore wind project in the US, which the company cannot partially divest at this time as per […]

  • Ørsted Raises EUR 7.98 Billion in Oversubscribed Rights Issue

    7 October 2025
    Business & Finance

    Ørsted has completed its rights issue, raising DKK 59.56 billion (approximately EUR 7.98 billion) with a subscription rate of approximately 99.3 per cent, the company said on 6 October. Existing shareholders were offered new shares at DKK 66.60 (EUR 8.92) each. The demand for shares not taken up via the rights issue was “extraordinarily high,” […]

  • Ørsted Initiates EUR 8 Billion Rights Issue to Build Sunrise Wind, Cover Revolution Wind Halt Impact

    15 September 2025
    Business & Finance, Fixed-Bottom

    Ørsted is launching the rights issue announced last month, offering new shares with pre-emptive rights to existing shareholders during the period from 19 September to 2 October 2025. The company is looking to raise DKK 60 billion (around EUR 8 billion) to fund the construction of the Sunrise Wind project in New York and enhance […]

  • Equinor to Participate in Ørsted’s Rights Issue as 10 Pct Shareholder

    1 September 2025
    Business & Finance, Fixed-Bottom

    Equinor plans to participate in Ørsted’s upcoming rights issue, worth around EUR 8 billion, and maintain its 10 per cent ownership stake in the Danish offshore wind developer. On 1 September, Equinor said that, subject to the final terms of the rights issue, it intends to subscribe for new shares at a consideration of up […]

  • New York State Stops Offshore Wind Transmission Development Until ‘Federal Conditions Allow’

    22 July 2025
    Authorities, Grid Connection, Planning & Permitting

    The New York State Public Service Commission (PSC) has decided to “strategically terminate” the Public Policy Transmission Need (PPTN) process for offshore wind transmission infrastructure. The PSC says this is due to the federal government halting new offshore wind permitting, and that cancelling the process ensures New York State ratepayers are protected by avoiding premature […]

  • US Interior Secretary: ‘No Future for Offshore Wind Under This Administration’

    12 September 2025
    Authorities, Fixed-Bottom, Planning & Permitting

    US Interior Secretary Doug Burgum said at a press conference on 10 September that offshore wind has no future in the US under the Trump administration and that the government was reviewing five offshore wind projects that are now under construction. Speaking to the press at the Gastech event in Milan, Italy, Burgum said offshore […]

  • Ørsted to Lay Off 2,000 People as Developer Focuses on Offshore Wind and European Market

    9 October 2025
    Business & Finance, Jobs & Recruitment

    Ørsted will lay off around 500 people by the end of this year and a total of approximately 2,000 towards the end of 2027. Of the 500 employees who will be made redundant in Q4 2025, some 235 are in Denmark. The company said on 9 October that the move to reduce the number of […]

  • Revolution Wind at 80 Pct of Completion

    20 August 2025
    Fixed-Bottom, Grid Connection, Offshore Platforms, Project Updates, Supply Chain, Wind Farm Update, Wind Turbines

    All foundations and almost 70 per cent of wind turbines have been installed on the Revolution Wind offshore wind farm in the US. The project’s offshore substation is also scheduled to be installed over the coming days. In an update provided as part of its H1 2025 results, Ørsted, which owns the project together with […]

  • 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 […]

  • ‘This Has Nothing to Do with National Security’ | Revolution Wind Halt Leaves Connecticut Leaders Demanding Answers

    28 August 2025
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Connecticut officials say they have been left in the dark about why the US federal government suddenly ordered construction of the Revolution Wind offshore project to stop, even as billions of US dollars, hundreds of jobs, and counted-on grid capacity hang in the balance. “If there are issues to discuss, let’s discuss them. But nobody […]

  • 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 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 […]

  • 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 […]

  • 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 […]

  • 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 […]