Economic Development
Build it clean, build it in New York
Connect With Us
Get In Touch
- Kevin Hale, Director
- Merideth Andreucci, Assistant Director
- Jenny Kelley, Economic Development Manager
We’re looking to connect 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?
Why Choose New York For Your Business?
New York’s nation-leading clean energy and climate goals 
are catalyzing investment and job growth, but the Empire State has many more strategic advantages.
Diverse TalentHome to a diverse talent pool of 165,000+ clean energy workers with the education, training, and skills to take your business to the next level. |
Competitive IncentivesTax credits and financial incentives to help you invest in your workforce, locate in strategic areas, and make cost-effective, energy-saving investments. |
Development-Ready SitesA successful track record of developing shovel-ready sites for manufacturing and industry. |
Innovation and ResourcesWorld-class education and research institutions and substantial funding establish an innovation infrastructure for new clean energy solutions. |
Track Record of SuccessDemonstrated experience nurturing and developing clean energy manufacturing and supply chain investment. |
Clean and Reliable Electric GridLow-cost, clean power from an increasingly renewable, flexible, and resilient electricity system. |
New York’s Robust Clean Energy Industries
To achieve the emission reduction and renewable generation goals of the Climate Act , 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.
Micron
Micron’s $100 billion investment will transform Central New York into a global semiconductor manufacturing hub, creating nearly 50,000 jobs statewide.
Plug Power
Plug Power’s $55 million investment in fuel cell manufacturing will create over 1,600 jobs in the Capital Region over five years – one of several investments in New York by the fuel cell industry leader.
Zinc8 Energy Solutions, USA
A leader in the long-duration energy storage industry, known for developing innovative batter technologies, will create 500 jobs through a $68 investment in the Mid-Hudson region.
Li-Cycle
Industry leader in lithium-ion battery recycling and resource recovery is creating 270 jobs at Eastman Business Park in Monroe County.
New York State Programs and Opportunities
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NY Green Bank
Read MoreProvides access to capital to increase private investment in New York’s clean energy markets, especially renewable generation, clean transportation, energy storage, and energy efficiency.
Read more about NY Green Bank
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Excelsior Jobs Program
Read MoreEncourages businesses to expand and relocate to New York, with enhanced green project tax credits for firms developing technologies that reduce emissions or support the use of clean energy.
Read more about Excelsior Jobs Program
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Fast-NY
Read MoreUp to $200 million in grant funding is available to prepare and develop shovel-ready sites for industries such as clean tech and high-tech and semiconductor manufacturing.
Read more about Fast-NY
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Workforce Development Incentives & Training
Read MoreProvides funding and resources to support education, internships, training, and career pathways to build New York’s clean energy future.
Read more about Workforce Development Incentives & Training
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Carbon Neutral Community Economic Development Program
Read MoreSupports net-zero economic development projects spanning manufacturing, mixed use, downtown revitalization, and more across New York’s ten regions.
Read more about Carbon Neutral Community Economic Development Program
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Innovation
Read MoreNYSERDA supports clean tech businesses with funding and resources to bring technologies from concept to commercialization.
Read more about Innovation
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.
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