July 23, 2020 Read More →

New York issues solicitation for 4GW of renewable energy generation

PV Tech:

New York Governor Andrew Cuomo has announced the largest combined green energy solicitations ever issued in the US, seeking up to 4GW of renewable capacity to combat climate change.

While the majority of the solicitations’ combined total – 2.5GW – is for offshore wind, two solicitations for land-based, large-scale renewable energy look to procure more than 1.5GW of capacity.

The land-based solicitations, combined with a multi-port funding opportunity, are expected to spur approximately US$7 billion in direct investments and to create approximately 4,500 short- and long-term jobs, as Cuomo aims to jumpstart economic growth amid the ongoing COVID-19 pandemic. The land-based renewable solicitations are being issued by the New York State Energy Research and Development Authority (NYSERDA) and the New York Power Authority (NYPA).

NYSERDA’s solicitation calls for the development of Tier-1 eligible renewable energy projects that will generate 1.6 million MWh or more annually. Projects selected will be the fastest to construction under legislation aimed at vastly accelerating renewable energy. NYSERDA expects to notify the awarded developers in early 2021.

Meanwhile, NYPA’s solicitation calls for the development of utility-scale renewable projects that will produce an annual output of up to 2 million MWh or more. Eligible technologies include solar photovoltaic and wind and may include an option to pair with energy storage. Projects are required to interconnect into New York State and have a generation capacity that falls within the category of 20-25MW or 100MW or greater. The selected projects are expected to come online between 2021 and 2024, and winning bidders will be announced by the end of 2020.

These solicitations encourage proposals that cost-effectively pair renewable energy with advanced energy storage technologies to help meet Governor Cuomo’s commitment to deploy 3GW of energy storage by 2030, up from 1.5GW by 2025.

[Jules Scully]

More: New York issues record-breaking solicitations for renewable energy

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