What is the latest status of the project “Empire Wind 1”?

The status recorded for “Empire Wind 1” is under construction.

What is the budget and commercial profile for the project “Empire Wind 1”?

Taiyo normalizes the budget of “Empire Wind 1” to USD 7000000000.

Where can I verify the source and access all details for “Empire Wind 1”?

This Taiyo project page references Upstream Online along with the original URL (https://www.upstreamonline.com/energy-transition/equinor-green-chief-believes-empire-wind-can-beat-trump-risk-and-deliver-on-profitability/2-1-1777950). Taiyo standardizes official data into a consistent, searchable project profile.

Empire Wind 1

Sector: Wind • Location: New York, United States

Source: Upstream Online

Project

Under Construction

Empire Wind 1 is an offshore wind project by Equinor, which aims to achieve profitability despite political uncertainties and market challenges. The project has already seen significant investment and is expected to benefit from tax credits under the US Inflation Reduction Act.

Status: Under Construction
Sector: Wind
Location: New York, United States of America
Updated: 22 Jul 2026
Source: Upstream Online

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Project Information

4 Q

The project “Empire Wind 1” is an infrastructure initiative in the Wind sector, located in New York, New York, United States. Taiyo aggregates data on it from Upstream Online.

Participants

Not available for this record.

Status

Original status	under construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Empire Wind 1 is an offshore wind project by Equinor, which aims to achieve profitability despite political uncertainties and market challenges. The project has already seen significant investment and is expected to benefit from tax credits under the US Inflation Reduction Act.
Original sector	Energy
Budget

Location

Country	United States of America (USA)
State	New York
City	New York

Source

Source	Upstream Online
URL

More Details

Record type	Project
Sector	Wind
Article published date	2025-02-28

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