New York signs the largest offshore wind energy deal in US history


New York state governor Andrew Cuomo signed the largest single renewable energy procurement with up to 1,700MW to be added to the state’s energy mix.

The deal includes two offshore wind projects that will generate enough energy to power 1 million homes, create 1,600 jobs and result in $3.2 billion in economic activity.

The two projects will be developed by the Empire Wind and Sunrise Wind development projects of Equinor US Holdings, Inc. and Bay State Wind LLC.

The signing of the deal is part of efforts by the state to achieve its goal to generate 9, 000MW of offshore wind energy capacity by 2035 – to create more than 10,000 jobs.

The projects positions New York as a hub of the nation’s burgeoning offshore wind industry.

New York has awarded 4,700MW of offshore wind energy contracts – Once completed, the projects will power up to two million households and meet nearly 10% of New York’s electricity needs by 2025.

The state has also introduced the New York State Advisory Council on Offshore Wind Economic and Workforce Development,  new $20 million Offshore Wind Training Institute and a $3 million Community and Workforce Benefits Fund to establish the institutional infrastructure to educate, train and employ New Yorkers.