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New York Power Authority Explores Partnering with Private Sector for Renewable Energy Development

January 5, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The New York Power Authority on Tuesday issued a request for information (RFI) to explore partnering with private-sector entities in renewable-energy development, as part of the utility's plan to develop, own and operate renewable-generation projects and energy storage in New York State. Industrial Info is tracking $27 billion worth of active renewable-generation projects in New York, including about $6 billion that have a medium-to-high (70% or higher) likelihood of beginning construction as currently scheduled, with much of the project activity in the pre-construction stage.

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