Norwegian energy giant said stalling of construction of its Empire Wind project off the New York coast and an issue with a ...

The lease was acquired in 2017. The project’s two phases, Empire Wind 1 and 2, have a potential capacity of more than 2 GW (810 + 1,260 MW), enough to power over 1 million New York homes.

Equinor warned that it will cancel the Empire Wind facility off the coast of New York if it cannot reach a resolution over a stop-work order issued by the Trump administration in the coming days ...

Equinor's 810-MW Empire Wind 1 and Orsted's 924-MW Sunrise Wind will be the largest power generation projects in the state in over 35 years once they enter operation in 2026. New York State has ...

Empire Wind 2 was created by Equinor, an international energy company based in Norway. They specialize in oil and gas, renewables and low carbon solutions, and aim to be a net-zero company by 2050.

Equinor ASA said New York policymakers are leading the way in efforts to support projects in the embattled offshore wind industry. The US offshore sector was hurt badly last year by inflation ...

The loss came just three days after BP’s partner on the projects, Equinor, similarly booked a $300 million write-down for its U.S. offshore wind portfolio on Friday.

Equinor and BP are already developing three offshore wind projects off New York - Empire Wind 1 and 2, and Beacon Wind 1 - with a total capacity of 3,300 MW.

Equinor, BP to Swap Stakes in New York Wind Projects The 50-50 partners will exchange stakes to acquire full control, with Equinor getting all of Empire Wind, and BP the entirety of Beacon Wind ...

Equinor will also invest over $60 million in port upgrades in New York that will support future offshore wind projects and further strengthen the state’s position as the U.S. hub for offshore wind.