Rye Development was founded with a mission - to develop and commercialize both run-of-river and pumped storage projects that produce clean, renewable, and 24/7 energy. Since then, Rye has successfully secured 23 FERC licenses to develop its run-of-river and pumped storage projects - positioning itself as a leader in the hydropower industry.
Rye’s contribution to a sustainable future is commercializing proven technologies that utilize existing water resources to generate power to meet today’s energy supply and storage needs.
Closed Loop Pumped Storage: Rye is the leading developer of closed loop pumped hydro storage, bringing long duration, grid-scale storage to the forefront of the 100% renewable grid Run of River generation: Developing 22 low impact projects in conjunction with financing partner, the Climate Adaptive Infrastructure Fund.
Run of River generation: Developing 22 low impact projects in conjunction with financing partner, the Climate Adaptive Infrastructure Fund.
Our mission is to advance the next generation of hydropower development in order to help address climate change and improve environmental quality, while providing reliable and predictable power to customers and the U.S. transmission grid.
We are a transparent partner that is community and relationship-driven.
