South Fork Wind Project
Eversource reported it's moving closer to the sale of its share of an offshore wind joint venture, and has substantially completed negotiations with a potential buyer.
Offshore wind power industry leader Ørsted gives an update and outlook for the sector.
A judge has dismissed a lawsuit seeking to block construction of the onshore portions of the South Fork Wind project.
New York announced that the first monopile foundation has been installed for South Fork Wind, a 132 MW project being developed by Ørsted and Eversource off the eastern tip of Long Island.
Eversource began its anticipated departure from the offshore wind sector, announcing it would sell its interest in an uncontracted New England lease to Ørsted.
1,500- and 3,200-ton substations for offshore wind projects are being sailed from Texas and Denmark, respectively, for the New England coast.
Ørsted, the largest OSW developer in the world, reported that earnings from its offshore wind business hit an all-time high in the first quarter of 2023.
Eversource’s 2022 earnings were hit by continued uncertainty over its offshore wind portfolio despite record profits, the company said in a call with analysts.
Two major offshore wind power developers are warning again of economic problems with projects off the New York and New England coasts.
BOEM approved the construction and operations plan for the 132-MW South Fork Wind Project off Long Island.
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