April 24 (Renewables Now) - New York state is seeking bids in a request for proposals (RfP) for large-scale renewable energy projects, aimed at helping it reach a goal of sourcing 50%, and potentially 70%, of its electricity from renewables by 2030.
This is the third solicitation in a series of large-scale renewable procurements under the state’s Clean Energy Standard, governor Andrew M Cuomo said on Tuesday. The competition is expected to attract over USD 1 billion (EUR 892m) in private investment and result in adding capacity that will be able to produce around 1.5 million MWh of electricity per year. The proposals could be paired with energy storage facilities, in line with a goal for the state to deploy 1,500 MW of energy storage by 2025 and 3,000 MW by 2030.
"This action builds on our strong commitment to renewable energy and will be a critical part of the state's bold plan to meet the unprecedented challenges posed by climate change," Cuomo said.
The New York State Energy Research and Development Authority (NYSERDA) will await initial submissions by June 13, while awards are expected to be announced in November 2019. Winning projects have to be commissioned by November 30, 2021, unless that deadline is extended to November 30, 2024.
According to the statement, in the past two years, New York has awarded USD 2.9 billion worth of contracts to wind and solar projects that will generate more than 7.1 million MWh of power annually, once completed. In its first large-scale renewables solicitation, the state selected 26 proposals totalling 1,383.09 MW, while the second such procurement round was launched last April.
(USD 1.0 = EUR 0.892)