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State of New York seeks new large-scale renewable energy projects

State Of New York Seeks New Large Scale Renewable Energy Projects

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Gov. Kathy Hochul announced a new large-scale renewable energy solicitation to deliver clean electricity to New Yorkers. Building on New York’s 10-Point Action Plan, this solicitation seeks proposals for the development of new large-scale land-based renewable energy projects, which are expected to spur billions of dollars in clean energy investments and create thousands of family sustaining jobs in the state’s green economy. Today’s announcement supports progress toward achieving the State’s Climate Leadership and Community Protection Act goal to obtain 70% of New York’s electricity from renewable sources by 2030.

“New York is building a clean energy economy that will allow us to drastically lower emissions while creating thousands of new good-paying jobs, boosting billions of dollars in economic growth and spurring an injection of private investment into our local communities,” Governor Hochul said. “Once selected, these projects will help accelerate our mission to power our state with affordable, reliable, zero-emission electricity for the benefit of all New Yorkers.”

The competitive solicitation, administered by the New York State Energy Research and Development Authority (NYSERDA), is the latest in a planned series of procurements of land-based large scale renewable projects. As part of this solicitation, NYSERDA has included key provisions from the latest rounds of renewable energy procurements such as inflation indexing, labor provisions, stakeholder engagement requirements, new requirements emphasizing the importance of climate resiliency in project design, disadvantaged community commitments, agricultural land preservation and related priorities to maintain the policy objectives introduced in prior solicitations to ensure an equitable energy transition. These elements are outlined within the solicitation documents and are designed to support the development and construction of numerous mature, late-stage renewable energy projects seeking to commence operation in the near-term.

“By advancing land-based renewable energy projects, New York is expeditiously moving our state forward as a leader in the transition to reliable and clean energy. NYSERDA remains committed to strengthening our renewable energy pipeline and delivering increasing amounts of renewable electricity to further bolster our grid of the future,” said NYSERDA president and CEO Doreen M. Harris.

The process for submitting proposals into the land-based renewables solicitation will be conducted in two steps, with eligibility requirements due on July 15, 2024, to confirm that interested projects are eligible to bid, and final proposals due on August 8, 2024. More details on the land-based renewable energy solicitation are available on the Large-Scale Renewables Solicitation page on NYSERDA’s website. Conditional award notifications to selected proposers are expected in September 2024.

News item from NYSERDA

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