Equinor
BOEM
Beacon Wind has paused its efforts to build an underwater transmission line into New York City.
Ørsted
Three companies closely involved in offshore wind power development offered a glum assessment of the sector’s prospects in the U.S.
Equinor
Equinor has closed on the finances for Empire Wind 1, a major milestone for a New York project expected to accrue $5 billion in capital costs over the next few years.
Skanska
The company planning an 810-MW wind farm off the New York coast gave an update on its efforts at Offshore WINDPOWER 2024.
BOEM
An offshore wind proposal that was placed on hiatus amid the industry’s recent financial turmoil is taking a further detour, halting its attempt to bring an export cable onshore in New York.
BOEM
Two Central Atlantic offshore wind areas drew a combined $92.65 million in high bids during the region’s first federal wind lease auction in a decade.
BOEM
Bp is reported to be taking a timeout on offshore wind so it can refocus on oil and gas.
© RTO Insider LLC
Offshore wind executives and government officials expressed tentative optimism at an offshore wind conference about the industry’s rebound from last year’s spate of contract cancellations.
Ørtsted/Edison Chouest Offshore
Two offshore wind projects have rebounded from the financial turmoil of 2023, finalizing replacement contracts with New York for 1,734 MW of capacity.
© RTO Insider LLC
Developers of floating offshore wind are calling on the California Public Utilities Commission to increase procurement targets to 10 GW by 2035.
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