ALBANY, New York — New York’s energy agency launched its latest request for new large-scale solar and wind projects Friday.
NYSERDA requested bids for new projects that will get ratepayer subsidies when they’re built for supporting New York’s renewable energy targets. Gov. Kathy Hochul simultaneously ordered state agencies including the Department of Environmental Conservation, whose new wetland regulations have raised concerns from developers, to accelerate permitting for renewables.
Why it matters: Hochul’s administration is rushing to have more projects start construction so they can qualify for expiring federal tax incentives. President Donald Trump’s spending bill earlier this year accelerated the phase-out of subsidies for new renewables.
Wind and solar projects that don’t begin before July 2026 or enter service by the end of 2027 won’t get key tax credits that make the projects less expensive for developers to build.
