BP buys 50 percent interest in Equinor U.S. offshore wind projects

BP is buying a 50 percent share in Equinor's Empire Wind project near New York Harbor and its Beacon Wind lease off Massachusetts. NYSERDA image.

Energy major BP is spending $1.1 billion to acquire a 50 percent ownership with Norway-based offshore wind developer Equinor in its two Northeast U.S. waters projects, for what the companies call “a strategic partnership for future growth.”

The deal commits BP and Equinor to share in developing the Empire Wind lease area outside the New York Harbor approaches, and the Beacon Wind lease located south of Massachusetts.

Equinor acquired one of the earliest U.S. East Coast wind power leases in 2017...

https://www.workboat.com/news/offshore/bp-buys-50-percent-interest-in-equinor-u-s-offshore-wind-projects/

German utility sets sights on New York Bight offshore wind

The German utility EnBW is looking to bid on the next round of wind energy leases in the New York Bight. the company is currently building the 610 MW Hohe See and Albatros project in the North Sea. EnBW rendering.

The EnBW Group, a German utility company and offshore wind developer, is preparing to bid on an anticipated next round of federal energy leases in the New York Bight, and joined a partnership with commercial fishing advocates.

It is another sign of mounting interest in the energy-hungry urban region, where New York State officials on Wednesday announced finalized contracts with Equinor Wind US for its 816-megawatt Empire Wind project near the New York Harbor approaches, and the Sunrise Wind 880...

https://www.workboat.com/news/offshore/german-utility-sets-sights-on-new-york-bight-offshore-wind/

Offshore wind developers building Northeast supply chain

Offshore wind turbines. Clean energy. Dong Energy photo by MEDVIND/Bent Sørensen.

Offshore wind energy developers are moving to set up their first U.S. manufacturing and support bases, sensing momentum in the market with New York and New Jersey seeking a combined 12 gigawatts of new energy by 2030.

A daylong conference at the State University of New York Maritime College on Thursday brought together wind companies, state officials and the maritime industry to talk about the industry’s coming workforce needs and potential for job growth.

The world’s biggest wind company,...

https://www.workboat.com/news/offshore/offshore-wind-developers-building-northeast-supply-chain/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon