2026 New Build Carbon Free Energy & Storage Projects Request for Offers (RFO)

2026 New Build Carbon Free Energy & Storage Projects Request for Offers (RFO) Introduction: RFP Release Date: February 5, 2026 RFP Submittal Deadline: March 4, 2026 by 12:00 P.M. Pacific Time Silicon Valley Clean Energy Authority (“SVCEA”) is soliciting through this this 2026 Request for Offers for New Build Carbon Free Energy and Storage Projects (“RFO”) to make progress towards meeting its goals related to Renewable Portfolio Standard (RPS), greenhouse gas emission reductions and reliability requirements by contracting with Carbon Free Energy projects, including California Energy Commission (CEC) eligible Renewable Portfolio Standard (RPS) resources, hydroelectricity, nuclear and paired and standalone storage. SVCEA is seeking resources with Initial Delivery Dates in 2026 or later, for a minimum term of ten (10) years and a maximum term of twenty (20) years. Products: Depending on the project types solicited and shortlisted, Product(s) may include energy from generation, energy discharged from storage, Green Attributes, storage capacity, Capacity Attributes (either Energy Only or Full Capacity Deliverability Status (FCDS), as elected in the PPA), and Ancillary Services. SVCE has a preference for wind or clean firm resources (including geothermal, bioenergy carbon capture, advanced nuclear reactors, linear generators, and other clean internal combustion engine technologies) as well as offers of alternative technologies of energy storage beyond lithium-ion batteries. SVCE encourages offers of at most 75 MW (SVCE’s share). However, SVCE welcomes offers of any size and any renewable energy or energy storage technology. SVCE also has a preference for resources within CAISO or that can interconnect to CAISO via Subscriber Participating Transmission Owner (SPTO). RFO Timeline: Issuance of RFO Thursday, February 5, 2026 Deadline to submit proposals Wednesday, March 4, 2026, at 12:00 P.M. PST Notification of all shortlisted Respondents (Tentative) April 2026 Execute Exclusivity Agreement and submit shortlist deposit April 2026 Target contract execution Q4 2026 The separate Appendices are as follows: Appendix A – Offer Form Appendix B – Executive Summary Appendix C – to be provided by mid-February Appendix D – Reservation of Rights Appendix E – PPA Project Selection Policy Final offers are due by 12pm PT on March 4, 2026 to procurement@svcleanenergy.org