The New York State Energy Research and Development Authority (NYSERDA) is requesting bids for large scale solar and wind projects that will qualify for taxpayer subsidies.
New York has also ordered agencies including the Department of Environmental Conservation to accelerate permitting for renewables in a push to have more projects start construction ahead of expiring federal tax incentives.
Wind and solar projects that don’t begin before July 2026 or enter service by the end of 2027 will be ineligible for tax credits that make the projects less expensive for developers to build.
Eligibility applications are due Oct. 21. Final proposals from eligible participants are due on Dec, 4.
Conditional award notifications are expected to be issued in February.
The state expects the solicitation to create over five billion dollars in clean energy investments and more than 2,500 family-sustaining jobs in the energy economy across New York.
New York’s current pipeline of large-scale renewable energy is comprised of 102 solar, land-based wind, hydroelectric and offshore wind projects operating and under development that the state said will deliver over 9.7 gigawatts of clean power to the grid when completed, enough energy to power over three million New York homes.
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