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Orsted pays $152m to become full owner of 924MW Sunrise offshore wind farm in US - Recharge

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Orsted pays $152m to become full owner of 924MW Sunrise offshore wind farm in US | Recharge

WindOrsted pays $152m to become full owner of 924MW Sunrise offshore wind farm in USClosing amount paid to former JV partner Eversource Energy is down from $230m announced in JanuaryDavid Hardy, CEO Americas Region, at Orsted.Photo: OrstedRichard KesslerNorth American Editor, Recharge

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Related Knowledge Center: ENERGY BASICS: wind

State of Play

Decades of government support for the development of wind energy has resulted in lower costs and a rapidly growing share of electricity generated by wind turbines. Wind in 2019 accounted for 7.3 percent of electrical generation, surpassing for the first time hydropower at 7.0 percent. 

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