Invenergy and transmission developer Empire State Connector Corp. (ESC) have signed a memorandum of understanding (MOU) for the 600 MW of wind energy being developed by Invenergy in Upstate New York. The agreement sets the stage for ESC to deliver new wind power to electricity customers in New York City (NYC).
Under terms of the MOU, Invenergy confirmed its intention to deliver competitively-priced wind energy to downstate customers using the Empire State Connector transmission line. The development would move New York State another step closer to meeting its 50% by 2030 Clean Energy Standard, now under consideration by the New York State Public Service Commission.
Together, the wind projects and transmission development represent about $2.7 billion economic development for the New York State.
To date, U.S.-based Invenergy and its affiliate companies have developed more than 13,700 M of wind, solar, energy storage, and natural gas-fired power projects, including 68 wind farms in the United States, Canada, and Europe.
The 1,000-MW HVDC Empire State Connector transmission line under development by ESC will deliver power from upstate generators to NYC customers via two submarine cables buried in the Erie Canal and Hudson River.