GlidePath Advances 80 MW New York Storage Portfolio after NYSERDA Incentive Award
GlidePath will complete development and achieve construction readiness this year on one of the largest portfolios of standalone battery storage projects to date in New York State. GlidePath is advancing the projects after receiving an incentive award from the New York State Energy Research and Development Authority (NYSERDA). GlidePath is a portfolio company of Quinbrook Infrastructure Partners, a specialist investor in low-carbon and renewable energy infrastructure.
The portfolio consists of four 20 MW battery storage projects located in the Lower Hudson Valley near the towns of Catskill, Highland, New Windsor and Ulster. New York currently has only 62.2 MW of battery storage facilities in operation statewide. GlidePath’s 80 MW portfolio represents more than double the state’s current storage capacity. NYSERDA recently announced that it had selected GlidePath’s Ulster project for an award under the Market Acceleration Bridge Incentive program for energy storage. Glidepath has applied for all four projects to receive the incentive award.
“GlidePath is proud to announce this latest milestone in progressing our 1.6 GW storage development pipeline across the U.S. and helping us contribute as a leading player in New York’s clean energy transformation,” said Dan Foley, founder of GlidePath. “This portfolio has been developed entirely from greenfield stage by our expert team and adds to our recent groundbreaking project in ERCOT, which is now completed and fully operational.”
