Start spreading the news! New York issues RFQ for renewable development opportunities

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Start spreading the news! New York issues RFQ for renewable development opportunities

(GE Verona’s 6 MW turbine at a site in New York. Credit: GE Verona)

The New York Power Authority (NYPA) has issued a Request for Qualifications (RFQ) to pre-qualify renewable development companies and investors that meet requirements to collaborate with NYPA on the development of renewable energy generating projects and storage systems, including solar photovoltaic, wind, battery storage, green hydrogen, geothermal, and renewable-related transmission.

If you can read the above sentence/paragraph without pausing to take a breath, congrats!

The RFQ seeks information from renewable developers outlining their experience and qualifications, allowing NYPA to evaluate respondents for an up to five-year pre-qualification period. NYPA says it anticipates inviting qualified respondents to this RFQ to respond to future Requests for Proposals or other procurement offerings where there will be the opportunity to submit complete project proposals, including terms and costs.

Responses for this RFQ are due by Tuesday, April 9, 2024. NYPA will review the responses and expects to inform respondents on whether they have been pre-qualified for collaborations with NYPA by the end of May 2024.

“The Power Authority is taking significant steps to move the development of renewable power generation forward in New York State,” NYPA President and CEO Justin E. Driscoll said. “We expect responses to this RFQ to facilitate the creation of a stable of pre-qualified firms that NYPA can collaborate with quickly to scale renewable generation and advance the State’s nation-leading clean energy goals.”

The 2023-24 Enacted State Budget provided NYPA with authority to plan, design, develop, finance, construct, own, operate, maintain and improve renewable energy generation and storage projects — either alone or in collaboration with other entities—to help support the state’s renewable energy goals in the Climate Leadership and Community Protection act, maintain an adequate and reliable supply of electric power and energy in the state, and support the new REACH program, which is meant to help low- and moderate-income electricity customers to receive bill credits through the production of renewable energy by NYPA.