Equinor and bp have signed an agreement to turn the South Brooklyn Marine Terminal (SBMT) complex in Brooklyn, New York into a major regional hub for offshore wind.
Companies will create an operations and maintenance (O&M) hub and staging area at SBMT, with a total investment of US$200 – US$250 million in infrastructure upgrades, while also pursuing the development of SBMT as a low-emissions facility. The port will become a staging facility for Equinor and bp’s Empire Wind and Beacon Wind projects that will supply 3.3 gigawatts (GWs) of energy. The agreement was co-signed by terminal operator Sustainable South Brooklyn Marine Terminal (SSBMT) and New York City Economic Development Corporation (NYCEDC).
Empire Wind is located 15-30 miles southeast of Long Island and spans 80,000 acres, with water depths of between approximately 75 and 135 feet. The project's two phases, Empire Wind 1 and 2, have a total installed capacity of more than 2 GW (816 + 1,260 MW). Beacon Wind having an installed capacity of 1,230 MW is located more than 60 miles east of Montauk Point and 20 miles south of Nantucket and covers 128,000 acres. This first phase, Beacon Wind 1, is currently under development.
Delta County, Colorado, has voted against the development of an 80MW solar farm that was supposed to offer renewable energy to the Delta-Montrose Electric Association in the USA. Delta County Commiss...
Read moreAypa Power, a Blackstone portfolio company and developer, owner, and operator of energy storage and hybrid generation assets has finalized an agreement with East Point Energy to purchase the...
Read moreFrench multi-energy major TotalEnergies SE has become a joint venture partner in the development of a floating wind farm project off the coast of Morro Bay in California, USA. TotalEnergies has...
Read moreInnergex Renewable Energy Inc. has completed the sale of its 50% interest in the Shannon wind facility for an undisclosed and non-material purchase price. Located in Clay County, Texas, the wind proj...
Read moreUS energy company Allete Inc. has signed a definitive agreement to acquire 100 percent of the membership interests of New Energy Equity LLC for approximately US$165.5 million, subject to a workin...
Read more