Ørsted and Eversource Win Bid for Updated Sunrise Wind Project in New York

New York State has selected Ørsted and Eversource to negotiate a new 25-year contract for their Sunrise Wind offshore wind farm. This conditional award brings the 924-megawatt project one critical step closer to fulfilling its promise to deliver substantial economic benefits across New York and help the state meet its climate goals.

NYSERDA President and CEO Doreen M. Harris said, “As we reset New York's offshore wind portfolio, we continue to evolve and strengthen the private-public partnerships that will keep us on a path to crystalizing one of the most ambitious offshore wind goals in the nation. NYSERDA looks forward to Sunrise Wind delivering clean power to our grid in the near term while helping our local communities realize the family-sustaining jobs, private investment, and public health benefits that offshore wind can bring to millions of New Yorkers."

Sunrise Wind will now begin the next steps of finalizing agreements with New York’s energy agency, New York State Energy Research and Development Authority (NYSERDA), on the OREC (Offshore Wind Renewable Energy Certificates) contract. The project is anticipated to be operational in 2026 and will begin the full scope of construction once it has received all federal permits, slated for this summer. The final investment decision on Sunrise Wind is expected to be made in the second quarter of 2024.

“With the selection of Sunrise Wind, New York’s offshore wind story is set to enter a new chapter of large-scale job creation and economic development, and we thank Governor Hochul and her administration for their continued leadership,” said David Hardy, Group EVP and CEO Americas at Ørsted. “We’re ready to build on the foundation we’ve laid with New York’s first offshore wind project, South Fork Wind, while delivering significantly more jobs, local supply chain and community investments, and renewable power for New Yorkers.”

“We’re grateful for the Hochul Administration’s support of the state’s offshore wind industry and their selection of our updated Sunrise Wind project,” said Eversource Energy Chairman, President and Chief Executive Officer Joe Nolan. “Sunrise Wind is another major step forward for our shared clean energy future and will deliver significant new investments to New York State, including the creation of hundreds of local union jobs building the project’s onshore transmission system. We’re excited to get shovels in the ground and begin the full scope of onshore construction.”