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New York launches renewables tender, aims to tap federal incentives

 

New York Governor Kathy Hochul today launched a new renewable energy solicitation and directed state agencies to intensify efforts to advance shovel-ready projects so that they can take advantage of sunsetting federal clean energy tax credits to bring down costs for New York ratepayers.

The New York State Energy Research and Development Authority’s (NYSERDA) 2025 land-based renewable energy solicitation seeks to procure eligible large-scale wind, solar and other renewable energy projects. The development of these projects is expected to drive over USD 5 billion (EUR 4.3bn) in clean energy investments and create more than 2,500 jobs across New York.

According to the official announcement, New York’s current large-scale renewables pipeline includes 102 solar, land-based wind, hydroelectric and offshore wind projects in operation and under development that total over 9.7 GW.

“While the federal government takes us backward on energy policy, New York will not be thwarted in its commitment to clean energy. By directing our state agencies to move projects across the finish line, we are seizing every opportunity to leverage federal incentives, reduce costs for ratepayers, and build a more resilient, sustainable and reliable energy grid,” Governor Hochul said.

Proposals in the solicitation will be submitted in two steps, with eligibility applications due on October 21 and final proposals from eligible participants on December 4. Proposers are expected to receive conditional award notifications in February 2026.

Under the 2024 solicitation, New York executed contracts for 26 projects representing over 2.5 GW of clean energy earlier in 2025.

(USD 1 = EUR 0.857)

More information:https://renewablesnow.com/news/new-york-launches-renewables-tender-aims-to-tap-federal-incentives-1282291/