Equinor

As New York this year readies to build the 132-MW South Fork Wind Farm—its first offshore wind project—the state will dedicate $500 million in funding to enable offshore wind manufacturing and supply chain infrastructure. The investment announced by Gov. Kathy Hochul as part of  New York’s 2022 State of the State plan is just one […]

Two major European energy companies said they will jointly develop a new natural gas-fired power plant that features carbon capture technology. The 900-MW Peterhead CCS Power Station would be built as part of Scotland’s Net Zero Infrastructure program. SSE, a British utility, and Norwegian energy firm Equinor announced the new plant on May 11. The […]

French energy major Total has signed an agreement to develop 12 utility-scale solar and energy storage projects in the U.S., announcing the deal Jan. 14, the same day the company said it has joined with Spain’s Iberdrola in a bid for one of the world’s largest offshore wind projects. The moves continue Total’s diversification from […]

The past week has marked several significant developments in the offshore wind segment. GE Renewable Energy snagged a key agreement for the third 1.2-GW phase of the 3.6-GW Dogger Bank wind farm in the UK, saying the project will use an “upscaled” 14-MW version of its Haliade-X wind turbine. In a potential win for Siemens […]

Dec. 21, 2020 — Some of the largest wind turbine owners in the world announced today the launch of a new breakthrough data sharing program. For the first time in the wind industry, turbine owners around the world will securely and openly exchange operational performance data, enabling them to reduce their data dependency to OEMs, […]

Vineyard Wind has announced a transmission agreement with ISO New England (ISO-NE) to deliver power to the system operator’s grid when the Vineyard Wind 1 project comes online. The 800-MW offshore wind farm, located about 15 miles off the cost of Martha’s Vineyard in Massachusetts, is expected to be the first commercial-scale offshore wind farm […]

The move by major oil and gas exploration companies into renewable energy has taken another significant step, as BP announced a $1.1 billion deal to buy the U.S. offshore wind power assets of Norway’s Equinor. BP in announcing the deal on Sept. 10 said it is taking a 50% stake in Equinor’s Empire Wind project […]

BP made headlines in early August when it announced it wants to develop about 50 GW of net renewable generating capacity by 2030—a 20-fold increase from the 2.5 GW deployed in 2019—as part of a new

Stamford, Connecticut (June 2, 2020) — Equinor today announced the official name of its wind project off the coast of New England, Beacon Wind. When complete, Beacon Wind will provide reliable, renewable power to more than a million households in the Northeast. “Beacon conveys a sense of hope and guidance, qualities that we value very […]

Europe has a big head start globally when it comes to generating power from offshore wind installations. The U.S. has lagged due to a variety of factors, including the need to work through regulatory issues