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Equinor Reportedly Scores Final Permit, Empire Wind 1 To Blast Off In 2026

Equinor ASA (NYSE:EQNR) has reportedly received approval from the New York State Public Service Commission to start building its Empire Wind 1 offshore wind farm. On Thursday, Governor Kathy Hochul stated that the 810-megawatt (MW) Empire Wind 1 project is expected to contribute to the state’s goal of developing 9,000 MW of offshore wind power by 2035, reported Reuters. In January 2024, Equinor penned a swap deal with BP PLC (NYSE:BP) to fully own the Empire Wind lease and projects.  Following ...