Equinor ASA has acquired 41,197,344 shares in Ørsted A/S (“Ørsted”), corresponding to 9.8% of the shares and votes in the company. The transaction establishes Equinor as the second largest shareholder in Ørsted, after the Danish State, which holds a controlling stake in the company. “Equinor has a long-term perspective and will be a supportive owner … Continue reading Equinor acquires a 9.8% minority stake in Ørsted
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Ørsted signs agreement with Equinor for carbon removal credits
In a new agreement, Ørsted will sell carbon dioxide removal (CDR) credits amounting to 330,000 tonnes of CO2 to Equinor over a ten-year period. This is part of Ørsted’s CO2 capture and storage project, ‘Ørsted Kalundborg CO2 Hub’, which will capture 430,000 tonnes of biogenic CO2 annually from two of Ørsted’s biomass-fired CHP plants from … Continue reading Ørsted signs agreement with Equinor for carbon removal credits
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Vestas secures first US offshore wind order for 810 MW Empire Wind 1 wind farm
Vestas has secured an 810 MW offshore wind order from Equinor for the Empire Wind 1 offshore wind farm in New York. The order includes 54 V236-15.0 MW wind turbines and marks Vestas’ first US order for an offshore platform and its industry-leading, certified V236-15.0 MW wind turbine. The order includes supply, delivery and commissioning … Continue reading Vestas secures first US offshore wind order for 810 MW Empire Wind 1 wind farm
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Equinor wins offshore wind lease in U.S. Central Atlantic auction
Equinor has been announced as a provisional winner in the Bureau of Ocean Energy Management’s (BOEM) offshore wind energy lease auction in the U.S. Central Atlantic region. The ~2 gigawatt (GW) lease will have the capacity to produce enough energy to power approximately 900,000 U.S. homes. With a bid of $75,001,001 for 101,443 acres in … Continue reading Equinor wins offshore wind lease in U.S. Central Atlantic auction
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Dominion wins second offshore wind energy lease
Dominion Energy is spending $17.65 million for another piece of the ocean to expand its offshore wind energy. Virginia’s largest utility was the lone bidder for the lease of 176,506 acres about 35 miles off the mouth of the Chesapeake Bay in a Bureau of Ocean Energy Management auction Wednesday. The win means Dominion Energy … Continue reading Dominion wins second offshore wind energy lease
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Equinor announces hybrid solar photovoltaic and wind power project in Brazil
Equinor will build a 140 MWp photovoltaic complex in the same location where it already manages a group of wind farmsEquinor announced the construction of its first hybrid renewable energy project in Brazil, in Serra da Babilônia I, in the interior of Bahia. The project will involve the implementation of the Serra da Babilônia photovoltaic … Continue reading Equinor announces hybrid solar photovoltaic and wind power project in Brazil
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Equinor expands renewables portfolio in Poland with a new photovoltaic plant
Equinor’s third solar plant in Poland, Lipno has started test production. This brings the company’s onshore renewables capacity in Poland to ~200 MW, and further strengthens its position in one of the fastest-growing renewable energy markets in Europe. Lipno is located in the Wielkopolskie province in central Poland. The 53 MW solar plant was developed … Continue reading Equinor expands renewables portfolio in Poland with a new photovoltaic plant
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Equinor solidifies New York offtake contract for Empire Wind 1 wind power plant
Equinor today announced the execution of the Purchase and Sale Agreement (PSA) with the New York State Energy Research and Development Authority (NYSERDA) for the renewable power generated by the Empire Wind 1 offshore wind project. This agreement follows NYSERDA’s February announcement that Equinor had been selected as a conditional winner in New York’s fourth … Continue reading Equinor solidifies New York offtake contract for Empire Wind 1 wind power plant
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Equinor’s Empire Wind 1 offshore wind project wins construction approval in New York
Equinor, opens a new tab received approval from the New York State Public Utilities Commission to begin construction of its Empire Wind 1 offshore wind farm, Gov. Kathy Hochul said Thursday.The wind farm is scheduled to begin producing energy in 2026.Electricity generated from offshore wind farms is important to state and U.S. goals of reducing … Continue reading Equinor’s Empire Wind 1 offshore wind project wins construction approval in New York
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Contract signed for Norway’s first commercial offshore wind power plant
The Norwegian government has signed a contract related to the offshore wind farm in the Sørlige Nordsjø II area with Ventyr Energi, the winner of the recently held auction.Ventyr Energi, a consortium formed by Parkwind and Ingka Investments, obtained the rights to develop the wind farm in the Sørlige Nordsjø II area with a winning … Continue reading Contract signed for Norway’s first commercial offshore wind power plant
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DNV to verify substation of Equinor’s Bandibuli/Firely floating wind farm in South Korea
DNV has been selected by Equinor to provide verification services for FEED (Front End Engineering and Design) of the substation of the Bandibuli/Firefly floating wind farm. The wind farm comprises two 75 km2 areas, 70 km offshore Ulsan in South Korea. DNV will leverage its verification services and expertise within offshore substations and floating structures … Continue reading DNV to verify substation of Equinor’s Bandibuli/Firely floating wind farm in South Korea
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The 531 MW Mendubim photovoltaic plant inaugurated in Brazil
The Mendubim Solar Complex, the largest photovoltaic project in Rio Grande do Norte, was inaugurated in the municipality of Assu. With investments of R$ 2.1 billion, the project has 531 MW of installed power. The complex consists of 13 floors and occupies an area of 1,200 hectares, the equivalent of 1,200 football fields. Construction began … Continue reading The 531 MW Mendubim photovoltaic plant inaugurated in Brazil
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Equinor Establishes Major Union Partnership for New York’s First Offshore Wind Hub
Empire Wind and the Building & Construction Trades Council of Greater New York and Vicinity (BCTC) today announced the signing of a Project Labor Agreement (PLA) for the construction of the South Brooklyn Marine Terminal (SBMT). The revitalized SBMT will play a key role in Equinor’s development of the Empire Wind offshore wind project as … Continue reading Equinor Establishes Major Union Partnership for New York’s First Offshore Wind Hub
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Grid interconnection milestone for New York’s Empire Wind 1 project
Equinor today announced that the Federal Energy Regulatory Commission (FERC) approved on March 1 the Large Generator Interconnection Agreement (LGIA) executed between the company’s Empire Wind 1 project, New York ISO (NYISO) and Consolidated Edison Company of New York. The announcement marks the first FERC approval for any offshore wind project to connect directly into … Continue reading Grid interconnection milestone for New York’s Empire Wind 1 project
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Production start at the Mendubim photovoltaic plant in Brazil
The 531 MW Mendubim solar plant in Brazil has come into operation. This marks a 30% increase in Equinor’s equity power production in Brazil. “Mendubim represents an important contribution to Equinor’s diversified energy offering in Brazil that includes a robust oil and gas portfolio and an attractive renewables position,” says Veronica Coelho, Equinor’s country manager … Continue reading Production start at the Mendubim photovoltaic plant in Brazil
Continue readingEmpire Wind 1 awarded offtake contract in New York’s fourth offshore wind solicitation round
New York State Energy Research and Development New York State Energy Research and Development Authority (NYSERDA) today announced Equinor’s Empire Wind 1 project one of the conditional winners in its fourth offshore wind solicitation round. The award is an important milestone for the advancement of the project, which can deliver 810 megawatts (MW) of renewable … Continue reading Empire Wind 1 awarded offtake contract in New York’s fourth offshore wind solicitation round
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Polenergia and Equinor acquire 1.44 GW of offshore wind from Siemens Gamesa
Polenergia and Equinor close an order for 1.44 GW with Siemens Gamesa wind turbines. Polish power company Polenergia and Norway’s Equinor have signed a final agreement with Siemens Gamesa to supply wind turbines for their Baltyk II and Baltyk III offshore wind farms in Poland. Siemens Gamesa, a unit of Siemens Energy, will supply the … Continue reading Polenergia and Equinor acquire 1.44 GW of offshore wind from Siemens Gamesa
Continue readingEquinor to take full ownership in Empire Wind through a swap transaction with bp in the US
Equinor (OSE: EQNR, NYSE: EQNR) has entered into a swap transaction with bp, under which Equinor will take full ownership of the Empire Wind lease and projects and bp will take full ownership of the Beacon Wind lease and projects. Under the agreement, Equinor will take 100% ownership of Empire Offshore Wind Holdings LLC. Subject … Continue reading Equinor to take full ownership in Empire Wind through a swap transaction with bp in the US
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Equinor’s first commercial battery storage asset begins operations
en| no Equinor’s first commercial battery storage asset begins operations 22 January 202408:00(CET) The Blandford Road battery storage asset in the UK has come into operation. The operational phase marks an important milestone in Equinor’s ambition of delivering flexible power solutions in the country. The 25 MW/ 50 MWh Blandford Road battery storage asset is … Continue reading Equinor’s first commercial battery storage asset begins operations
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Empire Wind 2 offshore wind project announces reset
Equinor and bp today announced an agreement with the New York State Energy Research and Development Authority (NYSERDA) to terminate the Offshore Wind Renewable Energy Certificate (OREC) Agreement for the Empire Wind 2 project, an offshore wind project in the US with potential generative capacity of 1,260 MW. This agreement reflects changed economic circumstances on … Continue reading Empire Wind 2 offshore wind project announces reset
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