Twenty large-scale renewable energy infrastructure projects are under construction in New York state, paving the way for it to meet its goal of sourcing 70% of its electricity from renewable sources by 2030.
From pv magazine USA
New York state has launched its fifth annual solicitation for large-scale renewable projects to accelerate the rapid pace of clean energy development and combat climate change, in the state’s largest land-based procurement to date.
The solicitation calls for approximately 4.5 million MWh of renewable electricity per year. Eligible projects include any installation that can be certified as Tier 1 renewable technologies, as long they commenced operations after Jan. 1, 2015. Projects will also be eligible if they commence commercial operations by Nov. 30, 2023, with an option to extend to Nov. 30, 2026. NYSERDA expects to notify the awarded developers in late 2021.
Along with the solicitation came word that more than 20 large-scale renewable energy infrastructure projects will be under construction across the state this year, including the first utility-scale solar project in upstate New York.
Located in Easton, just north of Albany, the 20 MW Branscomb Solar project, developed and constructed by CS Energy and owned by Goldman Sachs Renewable Power, will generate more than $20 million in private investment. It will also create nearly 100 jobs to support its construction and future operations and maintenance in the Albany region.
The announcements advance progress toward New York’s goal of having 70% of the state’s electricity come from renewable sources by 2030, as outlined in the Climate Leadership and Community Protection Act.
Across the previous four renewable energy solicitations, New York has contracted with more than 90 new large-scale renewable energy facilities, including solar plants, onshore wind farms, and hydroelectric facilities – some of which have been paired with energy storage. These installations have brought significant private investment, new jobs, and economic development to communities in more than 30 counties.
NYSERDA’s competitive program has leveraged the declining cost of renewable energy, with the latest round of awarded projects priced over 40% lower than those awarded just a year previously, maintaining the cost-effective ramp-up of renewable energy across the state.
New York’s pipeline of large-scale renewable energy projects will add nearly 11 GW of clean power to the grid when completed. The pipeline will enable the state to derive more than 50% of its electricity from renewable sources.
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Source: pv magazine