Empire Wind 1

Trump lifts Empire Wind stop work order

The Trump administration has lifted the stop work order on the Empire Wind 1 project that was imposed by Secretary of Energy Doug Burgum on April 16.

The news was welcome by developer Equinor and by New York Gov. Kathy Hochul who had pledged to fight the shut down of the fully-permitted project “every step of the way.”

“Thousands of jobs. Hundreds of thousands of homes powered by clean energy. That’s what Empire Wind 1 was poised to deliver until a stop work order was issued on April 16 by the...

https://www.marinelog.com/offshore/offshore-wind/trump-lifts-empire-wind-stop-work-order/

Equinor secures $3 billion in project financing for Empire Wind 1

In a sign that lenders have not soured on U.S. offshore wind, Equinor reports that its Empire Wind 1 project has now secured a project financing package of over $3 billion. Financial close was reached at the end of December 2024.

Equinor says that, due to strong interest from lenders, the Empire Wind 1 project was able to secure competitive terms and that the final group of lenders includes some of the most experienced lenders in the sector along with many of Equinor’s relationship banks.

Empire...

https://www.marinelog.com/offshore/offshore-wind/equinor-secures-3-billion-in-project-financing-for-empire-wind-1/

VIDEO: South Brooklyn Marine Terminal transformation kicks off

Equinor today broke ground on construction at the South Brooklyn Marine Terminal (SBMT), formally kicking off the revitalization of the historic port facility into a hub for offshore wind on the U.S. East Coast and a critical contributor to New York’s renewable energy ambitions.

The groundbreaking ceremony included remarks from New York City Mayor Eric Adams, Congressman Dan Goldman (NY-10), NYSERDA president and CEO Doreen Harris, executive director of Brooklyn community organization UPROSE...

https://www.marinelog.com/offshore/offshore-wind/video-south-brooklyn-marine-terminal-transformation-kicks-off/

NYSERDA finalizes new Empire Wind and Sunrise Wind contracts

NYSERDA (New York State Energy Research and Development Authority) has finalized new purchase and sales agreements for the energy produced by two major offshore wind projects:

  • Empire Wind 1, a planned 810-megawatt project (developed by Equinor)
  • Sunrise Wind, a planned 924-megawatt project (developed by Ørsted and Eversource).

Both projects had previously been awarded contracts by NYSERDA in 2019, but had been put in doubt when, last October, the New York State Public Service Commission denied...

https://www.marinelog.com/offshore/offshore-wind/nyserda-finalizes-new-empire-wind-and-sunrise-wind-contracts/