New York State to Fund Sixth Round of Renewable Energy Projects

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On September 21, New York Gov. Kathy Hochul announced the state’s sixth annual solicitation of large-scale renewable energy projects. Initial (Step One) eligibility applications are due Nov. 16 and competitive (Step Two) bid proposals are due Feb. 9, 2023. The New York State Energy Research and Development Authority will hold a webinar October 6 for interested parties explaining the two-step submission process and highlighting changes made from previous solicitations.

Awarded developers will be notified in the spring of 2023. For additional information, please visit NYSERDA’s website.

The new solicitation is part of New York’s continuing efforts to invest in renewable energy with new policies and programs aimed at decreasing reliance on fossil-fuel fired electric generation and the diversification of energy supplies. Such policies are most notably reflected in the Climate Leadership and Community Protection Act, which requires New York to obtain 70% of its electricity from renewable resources by 2030. Other goals include:

  • 100 percent emissions-free electricity by 2040
  • 9,000 megawatts of offshore wind capacity by 2035
  • 6,000 megawatts of solar energy by 2025
  • 3,000 megawatts of energy storage capacity by 2030.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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