Equinor-BP’s 2.1-GW Offshore Empire Wind Project Receives Federal Approval

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Photo Credit: womenoffshore.org Empire Wind, an Equinor and BP project being developed off the coast of New York, has received federal approval, the Department of the Interior announced Tuesday.

The U.S. offshore wind industry has undergone financial turmoil over the last year as rising interest rates, inflation, permitting challenges and supply chain problems have dogged these capital-intensive projects.