New York Power Authority Receives Robust Response to RFQ on Renewable Energy Development Opportunities in New York State

The New York Power Authority (NYPA) received more than 85 responses to its recent 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, including solar photovoltaic, wind, battery storage, green hydrogen, geothermal, and related transmission. The RFQ closed for submissions on April 19, more than a month after its release on March 12. NYPA will now evaluate the responses and select investors and developers it will pre-qualify to work with on renewable development initiatives.

NYPA President and CEO Justin E. Driscoll said, “NYPA is prepared to offer our experience and expertise to build renewables that will help advance the state’s bold climate goals; however, we are going to need qualified partners that are ready, willing and able to support our mission and help us achieve the state’s goals. We are pleased to see such a robust response to this Renewables RFQ and look forward to identifying and working with a stable of collaborators with diverse expertise to help us complete projects that will benefit all New Yorkers for decades to come.” 

The RFQ sought 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 the respondents identified from 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 an earlier NYPA Request for Information, as well as discussions with stakeholders, including those consulted in NYPA’s first annual conferral process completed late last year, helped inform this RFQ development.

NYPA expects to inform respondents on whether they have been pre-qualified for collaborations with NYPA by the end of May.

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 the state move into the next era of renewable energy production and 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