Economic Development

Connect With Us

We’re actively connecting with clean energy manufacturers, supply chain companies, and other professionals and organizations working to advance New York’s clean energy economy.

• Are you a manufacturer of clean energy technologies or equipment looking to locate or expand in New York State?
• Are you an economic development professional interested in learning how NYSERDA programs can support projects in your community?
• Would you like to submit a request for the Economic Development team to speak at or attend an event?

On This Page:

• New York State Programs and Opportunities
• Tools for Economic Developers to Attract Clean Energy Manufacturers
• Why Choose New York for Your Business?
• New York’s Robust Clean Energy Industries
• Clean Energy Companies That Found a Partner in New York
• Utility Programs

Tools for Economic Developers to Attract Clean Energy Manufacturers

The clean energy transition – in New York and beyond – is driving growth in manufacturing and processing industries to develop the equipment and technologies necessary for a clean energy future.

NYSERDA developed a Cleantech Supply Chain Development Toolkit for Economic Developers to provide economic development stakeholders throughout New York State with the information and tools needed to capitalize on this growth.

Learn More

Email the Economic Development Team at [email protected] to request support with attracting clean energy manufacturers.

Why Choose New York for Your Business?

New York’s clean energy transition is catalyzing investment and job growth, but the Empire State has many more strategic advantages. Here are some key reasons why cleantech companies are choosing New York as their business partner.

New York’s Robust Clean Energy Industries

To advance the clean energy transition, New York State is mobilizing investment in clean energy products and services in key market segments, including:

• Energy Efficiency: To meet the goal of reducing on-site energy use by 185 trillion BTUs by 2025, New York is prioritizing the efficiency and decarbonization of commercial, industrial, and residential buildings, especially in low- and moderate-income homes.
• Energy Storage: New York is supporting the deployment of 1,500 MW of energy storage by 2025 and 3,000 MW by 2030.
• Hydrogen: New York is supporting demonstration projects and research and development of clean hydrogen solutions to advance decarbonization, especially in hard-to-electrify sectors (e.g., industry).
• Offshore Wind: With a goal of 9,000 MW of offshore wind by 2035, New York is building the nation’s largest offshore wind pipeline. Investments in offshore wind ports, manufacturing, and infrastructure will create thousands of jobs and economic benefits across the State.
• Onshore Wind: By 2035, New York is planning for 4,000 MW of onshore wind capacity.
• Solar: New York is ramping up solar development to reach 6,000 MW of distributed solar by 2025 and achieve a 100% zero-emission electricity system by 2040.
• Vehicle Electrification: New York will require 100% light-duty zero-emission vehicle (ZEV) sales by 2035 and 100% medium- and heavy-duty ZEV sales by 2040. New York is prioritizing investment in charging infrastructure and ZEV manufacturing to achieve a clean transportation system.

These Companies Found a Clean Energy Partner in New York

From emerging startups to established firms, New York is partnering with businesses and innovators advancing clean energy solutions and services.

NYPA: Low-Cost Power

NYPA offers low-cost power from its hydropower facilities to support business operation and expansion in the Niagara region and in the counties near the St. Lawrence Power Project.

Utility Programs

New York’s utilities offer support and incentives for manufacturing companies and businesses that locate or expand their service territory in New York.

• Central Hudson : Support is available through a suite of programs for expanding the manufacturing sector in the Hudson Valley.
• Con Edison : Incentives are available for businesses looking to start, expand, or relocate in New York City or Westchester County.
• NYSEG & RG&E (Look Upstate NY ): Support is available to help existing businesses expand and attract new businesses, totaling over $90 million in assistance for over 450 projects since 2010.
• National Grid (Shovel Ready ): Support from economic development programs have provided more than $125 million in assistance for businesses in upstate New York.
• Orange & Rockland : Incentives are available for qualifying electric customers locating to or expanding within the O&R service territory.
• PSEG Long Island : Eligible businesses can receive incentives to occupy vacant spaces and revitalize business districts.