Governor Kathy Hochul announced awards for the state’s fourth offshore wind procurement round
For Immediate Release: February 29, 2024
Media Contact: Luke Jeanfreau | [email protected] | 504-302-8079
BALTIMORE — Oceantic Network, the leading organization working to advance offshore wind and other ocean renewable industries and their supply chains, celebrates today’s announcement by New York Governor Hochul that the state has selected two projects to deliver 1700 MW of offshore wind generation in its fourth offshore wind solicitation round. Equinor’s Empire Wind 1 project (810 MW) and Eversource and Ørsted’s Sunrise Wind project (924 MW) were awarded contracts. This latest round was designed to help projects reach new financially stable contracts.
The two projects will invest $2 billion in economic development across New York and create 800 near-term jobs. They’ll be supported by the South Brooklyn Marine Terminal assembly and staging port, the construction of which is expected to create 400 jobs this year. The project developers also committed to additional investments of $135 million for grid infrastructure on Long Island and $200 million in other transmission related investments. Sunrise Wind is now scheduled for commercial operations in 2026 and Empire Wind in 2027.
The following statement can be attributed to Sam Salustro, vice president of strategic communication at Oceantic Network:
“New York has taken bold action to keep its offshore wind market moving forward and get projects in the water. These new contracts integrate the knowledge gained over the past several years and exemplify a new phase for the industry with a better understanding of project finances. Empire and Sunrise have already sparked new shipbuilding activities in Louisiana and Philadelphia and supported port and transmission development across the East Coast. They will go on to support steel fabrication facilities both locally and across the nation. The Network congratulates Governor Hochul and NYSERDA on their successful procurement process and thanks them for their steadfast efforts to ensure offshore wind’s success in New York. We look forward to seeing member companies Equinor, Eversource, and Ørsted develop these projects.”
Additional Information:
- Governor Hochul Announces Two Offshore Wind Project Awards, to Deliver Clean Power in 2026
- Empire Wind Project
- Sunrise Wind Project
For more information or to arrange an interview with the Network, contact Luke Jeanfreau at [email protected] or 504-302-8079.
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As a non-profit organization, the Oceantic Network’s driving purpose is to inform, coordinate, and mobilize human ingenuity, enterprise, and labor to take advantage of the urgent need to tap the vast offshore wind and renewable energy resources that lie in the world’s oceans. The collective, coordinated efforts of our 600+ members equip communities and nations to accelerate the transition to clean energy and create economic opportunities.