New York Power Authority Issues RFQ on Renewable Energy Development Opportunities in New York State
The New York Power Authority (NYPA) 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.
The RFQ seeks information from renewable developers outlining their experience and qualifications, allowing NYPA to evaluate respondents for pre-qualification that will last up to five years. NYPA 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. A robust response to a NYPA Request for Information issued earlier this year, as well as discussions with stakeholders, including those consulted in NYPA’s first annual conferral process completed late last year, helped inform the RFQ development.
Responses for this RFQ should be sent to [email protected] by Tuesday, April 9, 2024. NYPA will review the responses expeditiously and expects to inform respondents on whether they have been pre-qualified for collaborations with NYPA by the end of May 2024.
NYPA President and CEO Justin E. Driscoll said, “The Power Authority is taking significant steps to move the development of renewable power generation forward in New York State. 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 Power Authority’s positive impact on New York’s carbon footprint dates to the 1950s and 1960s when it constructed the state’s largest hydroelectric power plants in Niagara and Massena. Over decades of innovation—from modernized generation and transmission to renewable energy and clean transportation—NYPA is now well-positioned to help move the state into the next era of renewable energy production and help the state to realize its bold clean energy goals.
The 2023-24 Enacted State Budget provided NYPA with enhanced 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 will enable low-income and moderate-income electricity customers to receive bill credits through the production of renewable energy by NYPA. NYPA will publish its first biennial strategic plan for renewable energy development in January 2025.
NYPA | www.nypa.gov