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July 13, 2024

South Fork Wind Project

Revolution Wind
Another Federal Lawsuit Seeks to Invalidate OSW Approvals

A coalition of offshore wind opponents sued to overturn federal approval of the South Fork Wind and Revolution Wind projects.

NYSERDA
Eversource Takes Hit of up to $1.6B on Offshore Wind

Eversource will take a fourth-quarter 2023 impairment of up to $1.6 billion due to the ongoing struggles of its offshore wind joint ventures with Ørsted.

South Fork Wind
Eversource Closer to Exiting OSW Venture with Ørsted
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.
South Fork Wind
Ørsted Addresses Challenges of US OSW Market
Offshore wind power industry leader Ørsted gives an update and outlook for the sector.
South Fork Wind
Judge Dismisses Groundwater Lawsuit Against South Fork Wind
A judge has dismissed a lawsuit seeking to block construction of the onshore portions of the South Fork Wind project.
South Fork Wind
South Fork Wind Announces ‘Steel in the Water’

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.

BOEM
Eversource Begins Its Exit from OSW Development
Eversource began its anticipated departure from the offshore wind sector, announcing it would sell its interest in an uncontracted New England lease to Ørsted.
Bladt Industries
1st Substations Set Sail for 1st US Offshore Wind Projects
1,500- and 3,200-ton substations for offshore wind projects are being sailed from Texas and Denmark, respectively, for the New England coast.
Revolution Wind
Offshore Wind Power Boosts Revenue for Ørsted
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.
Shutterstock
Eversource Still Eyeing Offshore Wind Sale
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.

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