Sunrise 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.
The Bureau of Ocean Energy Management issued its final environmental impact statement for Sunrise Wind, endorsing an 11% reduction in the number of wind turbines for technical and environmental reasons.
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.
New York rejects inflation adjustment requests for 90 planned wind and solar projects that total more than 12 GW of capacity and constitute much of the state’s contracted clean energy pipeline.
Offshore wind power industry leader Ørsted gives an update and outlook for the sector.
Eversource began its anticipated departure from the offshore wind sector, announcing it would sell its interest in an uncontracted New England lease to Ørsted.
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.
Wind power development off the Northeast U.S. coast continued to advance in 2022, with New York especially seeing a "banner year," according to an OSW advocate.
Sunrise Wind cleared a significant regulatory hurdle after the New York PSC approved a certificate of environmental compatibility and public need.
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