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New York issues record-breaking solicitations for renewable energy

July 22, 2020

New York Governor Andrew Cuomo has announced the largest combined green energy solicitations ever issued in the US, seeking up to 4GW of renewable capacity to combat climate change.

While the majority of the solicitations’ combined total – 2.5GW – is for offshore wind, two solicitations for land-based, large-scale renewable energy look to procure more than 1.5GW of capacity.

The land-based solicitations, combined with a multi-port funding opportunity, are expected to spur approximately US$7 billion in direct investments and to create approximately 4,500 short- and long-term jobs, as Cuomo aims to jumpstart economic growth amid the ongoing COVID-19 pandemic.

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