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Equinor, New York and Empire Wind
New York offshore wind project moves forward despite Trump’s threats
The announcement means Equinor is officially moving forward with the 810-megawatt facility as President-elect Donald Trump is poised to return to the White House. Trump, an outspoken critic of wind power, has pledged to scrap offshore projects on day one of his second term.
Equinor closes $3 billion for New York City’s first offshore wind farm
Equinor has secured $3 billion to finance New York’s Empire Wind 1 offshore wind farm, which will provide power for 500,000 homes when it comes online in 2027. It’s set to become the first offshore wind farm to connect directly to New York City’s grid.
Equinor Secures $3B for U.S. Offshore Wind Project Empire Wind 1
Equinor ASA EQNR, the Norwegian energy giant, has secured a project financing package exceeding $3 billion for its U.S. offshore wind initiative, Empire Wind 1. The announcement marks a significant step in advancing Equinor and New York State's renewable energy ambitions.
Opinion
Hosted on MSN
3d
Opinion
New York Rolls Out ‘Shakedown’ Law Forcing Companies To Atone For Climate Change With Cash
New York is poised to fine energy companies billions of dollars in the name of fighting climate change under a new law that ...
1d
Con Edison, O&R issue 310-MW energy storage RFP with eye to longer-duration batteries
The solicitation follows a state order for Con Edison to procure at least 300 MW of energy storage and Orange & Rockland ...
8d
New York to fine fossil fuel companies $75 billion under new climate law
New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the ...
Institute for Energy Research
4d
New York State’s New Climate “Superfund Law”
New York Governor Kathy Hochul has signed a new law mandating that the largest fossil fuel companies—deemed responsible for ...
7d
on MSN
New York to charge fossil fuel companies over climate damage under new law
A new law looks to establish and support a state fund for infrastructure projects aimed at combating, repairing, or adapting ...
1d
New York may finally put a price on pollution in 2025
Like carbon markets around the world, New York plans to use auctions that allow companies to bid for the right to pollute, meaning the price of emissions is — in principle — determined by what ...
Hosted on MSN
1d
New York gas prices fell from last week: See how much here
State gas prices fell for the second consecutive week and reached an average of $3.05 per gallon of regular fuel on Monday, ...
Engineering News-Record
5d
New York Initiative Funds Clean Energy Apprenticeships
The $45M state initiative is set to develop a diverse pipeline of skilled workers to meet projected workforce construction ...
1d
New Wave Energy triples staff, expands beyond Buffalo
New Wave Energy of Buffalo has plenty to celebrate for its 15th anniversary — including a new Florida office that has helped ...
Hosted on MSN
3d
Energy usage in York homes still lower than before pandemic
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
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