Equinor ASA has announced a final investment decision on Empire Wind 1 and financial close for $3 billion in debt financing for the under-construction project offshore Long Island, expected to ...

Equinor’s notice said a contractor vessel ... via a cable that makes landfall at Smith Point. Empire Wind 1 will send its energy to New York City, at South Brooklyn Marine Terminal.

Equinor’s Empire Wind 1 project has secured a project financing package of more than $3-billion. Financial close was reached at the end of December 2024.

Developers behind New York’s offshore wind projects are grappling with the prospect of billions of dollars in potentially ...

The regulated utility entered supplier contracts in 2021 that allowed it to skirt surging inflation that drove US sector ...

NYC's new clean energy project will cost significantly more. Equinor, the developer behind Empire Wind 1, secured an 80,000-acre (125-square-mile / 32,375-ha) lease located 15 miles (24 km ...

Empire Wind 1: The offshore wind farm sweet is a new dusk of energy effigy in New York country. Empire Wind 1, from Equinor, is planned as New York City’s first offshore wind farm. This project is ...

State says 4GW fourth round won't go ahead after Shell withdraws as equity partner in only project standing, and amid ...

U.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an ...

The president-elect last week derided wind-energy turbines as little more than "garbage in a field," while vowing to undo recently enacted oil and gas offshore drilling bans.

By Terje Solsvik and Nora Buli OSLO (Reuters) -Norway’s Equinor said on Wednesday it had signed an agreement with Korean East-West Power (EWP) to cooperate on offshore wind projects in South Korea.

Today, the state has one offshore wind farm supplying 132 megawatts to the grid — about 1.5 percent of the 2035 target ...