Rye Development

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.