NYSERDA
The energy giants have reached an agreement with NYSERDA to terminate the agreement for the Empire Wind 2 project, citing changed economic circumstances in the industry
The scheme aims at reducing emissions and promoting cleaner alternatives
The funding will accelerate decarbonisation and economic development in disadvantaged communities
One of the sites is under consideration for potentially hosting a large-scale solar power project
Together, they will generate more than 500,000MWh of renewable electricity per year – enough to power more than 70,000 homes in New York
The funding is expected to enable utilities to more effectively respond to stress events as a result of climate change and extreme weather
The two companies have finalised the purchase and sale agreements with the New York State Energy Research and Development Authority for Empire Wind 2 and Beacon Wind 1 offshore wind projects
The development of the new projects are expected to power nearly 1.7m homes and create an additional 6,000 jobs
A hydrogen strategy study will be conducted to compile information and data, focusing on opportunities surrounding green hydrogen to align with existing mandates for 70% renewable electricity by 2030 and 100% zero emission power by 2040
The partnership will support knowledge sharing and investment from Denmark to New York and focus on the complex challenges of completing energy efficiency and electrification upgrades in high-rise buildings in New York State