Renewable Energy Technology Options Program

July 14, 2021

Summary

The New York State Energy Research and Development Authority's (NYSERDA) Renewable Energy Technology Options Program provides funding for individuals and businesses to develop, demonstrate, commercialize or market renewable-energy technology products, or to improve manufacturing methods for these products. Projects involving innovative solar-electric, wind-electric, biomass or hydroelectric technologies are eligible. Eligible solar-electric technologies include photovoltaic and solar thermal-electric systems, components of these systems, and products that incorporate photovoltaics. Eligible wind-electric technologies include wind-energy conversion devices, components, and products that support wind-energy systems and power plants. Eligible biomass technologies include innovative products or components for biopower, biofuels, biochemicals or other bioproducts. Eligible hydroelectric technologies include those that increase generating capacity or improve environmental performance. Proposals may be submitted by individual companies or teams. Proposals must include a description of two stages of a project -- a Stage 1 options project and a Stage 2 development project. NYSERDA will evaluate projects in two steps. The first evaluation process will consider whether to recommend Stage 1 funding. Successful Stage 1 participants may submit a proposal for Stage 2 funding. (Only participants that have been awarded Stage 1 funding are eligible to compete for Stage 2 funding.) Projects selected for Stage 1 may be selected for Stage 2 funding up to two times. For example, if a project receives a Stage 2 award and successfully completes the award project, the participant may be eligible for another Stage 2 award depending on the results of a subsequent evaluation. Further explanation of project stages is available on the program web site. NYSERDA will fund up to $40,000 for each Stage 1 project. Maximum funding for each Stage 2 project is $250,000 per award cycle with a maximum of two Stage 2 awards. Recoupment will be required for all projects receiving Stage 2 funding. A minimum cost share of 50% is required. Total available funding for Stage 1 projects is $500,000; total available funding for Stage 2 projects is $2 million. The deadlines for Stage 1 proposals are 5:00 p.m. EST on December 13, 2005, and May 23, 2006.