Ørsted, Eversource sign PPA for 880 MW Sunrise Wind offshore project in Long Island

Sunrise Wind has signed a 25-year OREC purchase-and-sale agreement with the New York State Energy Research and Development Authority (NYSERDA).

The Sunrise Wind project has an average all-in development cost of US$80.64 per MWh (2018 prices) with an expected average OREC cost of US$22.62 per MWh.

Sunrise Wind is a 50-50 partnership between Ørsted and Eversource. Subject to Ørsted’s and Eversource’s final investment decision, the offshore wind farm is expected to be operational in 2024 and will install Siemens Gamesa’s 8.0 MW turbines.

As part of its winning proposal for New York’s largest offshore wind project, Sunrise Wind will bring economic development by constructing an operations and maintenance hub in Port Jefferson, Long Island, investing in additional port infrastructure upgrades and establishing offshore wind training programs in the state of New York. Furthermore, Sunrise Wind is exploring transmission partnerships with the New York Power Authority (NYPA) and the leading New York utility Con Edison. Located over 30 miles east of Long Island’s Montauk Point, Sunrise Wind will be barely noticeable from shore.