GE-BOND Consortium Awarded Landmark Contract to Build High-Voltage Electrical Systems for Empire Offshore Wind 1 in New York

Rhea-AI Summary

GE Renewable Energy’s Grid Solutions and BOND Civil & Utility Construction have secured an EPC contract from Empire Offshore Wind for the Empire Wind 1 project. This venture will deliver a digital onshore substation and integrate an 816-MW wind power project into the New York Power Grid. Upon completion, it will provide energy to over 500,000 homes in New York and contribute to the state's renewable energy goals, including a 70% generation target by 2030 and a zero-emission electricity sector by 2040.

Positive

• Empire Wind 1 will provide power to over 500,000 homes in New York.
• The project aligns with New York's goal of achieving 70% renewable energy by 2030.
• Significant economic investments will be made in New York's economy.

Negative

• None.

• GE Renewable Energy’s Grid Solutions and BOND Civil & Utility Construction awarded contract for on- and offshore high voltage equipment, including an onshore substation that will connect the 816-MW wind power project, integrating renewable energy to the New York Power Grid
• This project supports the energy transition goals in NY and the U.S. overall
• The Empire Wind 1 project, located approximately 20 miles southeast of Long Island, will supply homegrown wind power to NY and inject significant economic investments into the state’s economy
• Once operational, the Empire Wind 1 project will be able to generate enough power to meet the electricity needs of more than 500,000 NY homes

NEW YORK--(BUSINESS WIRE)-- A specially formed consortium between GE Renewable Energy’s Grid Solutions and New York-based BOND Civil & Utility Construction today announced it has been awarded an EPC (Engineering, Procurement & Construction) contract from Empire Offshore Wind, a joint venture between Equinor and bp, to supply a state-of-the-art digital onshore substation for Empire Wind 1, one of New York’s first offshore wind farm projects. New York is on a path to achieve its mandated goal of a zero-emission electricity sector by 2040, including 70 percent renewable energy generation by 2030, and to reach economy wide carbon neutrality.

Empire Wind 1 is planned for an area of 80,000 acres, in federal waters, an average of 20 miles south of Long Island, east of the Rockaways. Once operational, it will power more than 500,000 New York homes. Project partners conducted local community outreach to ensure a collaborative and transparent construction process, share information about local job opportunities, and establish trusted working relationships with all stakeholders and front-line communities, and will continue to do so throughout the construction process.

The GE-BOND consortium led by GE’s Grid Solutions will be responsible for delivering the onshore substation and interconnection cable in Brooklyn, New York City, on an EPC basis, as well as designing and supplying the high-voltage electrical systems for the offshore substation. BOND Civil & Utility will be responsible for all aspects of construction of the onshore substation and interconnection cable, site restoration, and high voltage electric equipment installation for the South Brooklyn Marine Terminal (SBMT) substation. Development of the onshore and offshore substations will start this year, with construction expected to begin during the second half of 2023.

For the full news release, click here.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220322005103/en/

Taylor Connolly, The Castle Group

tconnolly@thecastlegrp.com



Allison J. Cohen

GE Renewable Energy, Grid Solutions business

allison.j.cohen@ge.com

Source: GE

FAQ

What contract was awarded to GE Renewable Energy and BOND?

GE Renewable Energy’s Grid Solutions and BOND Civil & Utility Construction were awarded an EPC contract for the Empire Wind 1 project.

What is the capacity of the Empire Wind 1 project?

The Empire Wind 1 project has an 816-MW capacity.

How many homes will the Empire Wind 1 project power?

Once operational, the Empire Wind 1 project will power over 500,000 New York homes.

How does the Empire Wind 1 project contribute to New York's energy goals?

The project supports New York's aim for a zero-emission electricity sector by 2040 and a 70% renewable energy generation by 2030.