The New York State Energy Research and Development Authority (NYSERDA) has selected Sunrise Wind to negotiate a 25-year offshore wind renewable energy certificate (OREC) for an offshore wind farm with a capacity of 880MW. Sunrise Wind is a 50-50 partnership between Ørsted and Eversource. Subject to contract signing and Ørsted’s and Eversource’s final investment decision, the wind farm is expected to be operational in 2024.
Sunrise Wind will be located 30 miles east of Montauk Point, Long Island, adjacent to Ørsted’s South Fork and Revolution Wind projects. By taking a portfolio approach to their Northeast projects, comprising South Fork, Sunrise Wind and Revolution Wind with a total capacity of approximately 1.7GW to be built in 2022-2024, Ørsted and Eversource will be able to leverage procurement synergies and optimize the construction and operation of the project portfolio. Ørsted and Eversource have signed a wind turbine contract with Siemens Gamesa for the joint venture’s Northeast project portfolio. Subject to Ørsted’s and Eversource’s final investment decision, all three offshore wind farms will be installing Siemens Gamesa’s 8.0MW turbines. Ørsted has set up offices in New York City and Long Island and is currently developing New York State’s first offshore wind project, the South Fork Wind Farm off Long Island. Construction is planned to start in 2021, and the wind farm will be operational in 2022.
