The New York State Energy Research and Development Authority (NYSERDA) today announced the launch of expedited offshore wind and land-based renewable energy solicitations as part of New York’s 10-Point Action Plan to bolster the State’s growing large-scale renewable industry, as announced by Governor Hochul earlier this month. Final proposals for both offshore wind and land-based renewables projects will be due in January 2024. These expedited solicitations support progress toward achieving New York’s Climate Act goals to obtain 70% of New York’s electricity from renewable sources by 2030 and developing 9,000 megawatts of offshore wind by 2035.
The solicitations will allow participation from the projects that petitioned the New York State Public Service Commission for financial relief while inviting competition between these and other projects, ensuring the integrity of the State’s competitive solicitation process and best value for New Yorkers.
Offshore Wind Solicitation
Final proposals for the offshore wind solicitation will need to be submitted by January 25, 2024, with award announcements expected to be made by the end of February 2024.
Land-Based Renewables Solicitation
For the land-based renewables solicitation, the process for submitting proposals will be conducted in two steps, with eligibility requirements due on December 21, 2023, and final proposals due on January 31, 2024. Award announcements are expected by the end of April 2024.
These expedited solicitations will build on the momentum established by the Governor’s announcement last month of the largest state investment in renewable energy in United States history. The conditional awards included three offshore wind and 22 land-based renewable energy projects totaling 6.4 gigawatts of clean energy, enough to power 2.6 million New York homes and deliver approximately 12% of New York’s electricity needs once completed. When coupled with two marquee offshore wind blade and nacelle manufacturing facilities, New York’s newest round of awarded projects is expected to create approximately 8,300 family-sustaining jobs and spur $20 billion in economic development investments statewide, including developer-committed investments to support disadvantaged communities.