Equinor, Orsted/Eversource awarded offshore wind projects in New York

New York Governor Kathy Hochul announced the state has conditionally awarded two offshore wind projects from its fourth offshore wind solicitation – a planned 810-megawatt project, Empire Wind 1, developed by Equinor (EQNR) and Sunrise Wind, a planned 924-megawatt project developed by Orsted (DNNGY) and Eversource (ES). The projects will create more than 800 near-term family-sustaining construction jobs and invest $2B in near-term enhanced economic development statewide, including developer-committed investments to support disadvantaged communities, the governor said in a statement. The projects, totaling over 1,700 megawatts of clean energy, will be the largest power generation projects in New York State in over 35 years once they enter operation in 2026.