Jan 25 (Reuters) - Denmark's Orsted and Eversource have submitted a new proposal for Sunrise Wind in response to New York's latest offshore wind solicitation, Orsted said in a statement on Thursday. Sunrise Wind is a 924 MW offshore wind farm which would deliver power to New York and is expected to be completed by 2026, Orsted said.

In the updated proposal for Sunrise wind, the joint venture between Orsted and Eversource reached an agreement for Orsted to acquire Eversource's 50% share in the project if it is awarded a contract in New York's fourth offshore wind solicitation.

If Orsted wins the bid, it would become the sole owner of Sunrise Wind, while Eversource would lead the project's onshore construction, the Danish renewable energy firm said.

Additionally, Orsted said it would pay 50% percent of the negotiated purchase price upon closing the sales transaction, with the remaining 50% to be paid when onshore construction is completed.

Orsted did not provide financial details for the acquisition of Eversource's stake in Sunrise Wind.

New York State last year launched a new accelerated offshore wind solicitation in a bit to revive troubled projects and keep the state on track to meet its renewable energy goals.

(Reporting by Stine Jacobsen and Gursimran Kaur; Editing by Krishna Chandra Eluri)