Strategic Partnerships Rye Development is actively partnering with utilities such as Louisville Gas and Electric Company and Kentucky Utilities Company to bring pumped storage hydropower to Kentucky, indicating a sales focus on utility procurement, PPA opportunities, and project collaboration for storage capacity.

Large Scale Opportunity With a planned 266MW pumped storage facility in Kentucky and significant funding support, there is a clear opportunity to offer services or equipment related to large-scale energy storage construction, project development, permitting, and long-term asset management.

Public Funding Access A notable $81M DOE-backed award to convert a coal mine into pumped storage highlights potential for financing, grant advisory, and government liaison services to help accelerate project timelines and secure additional incentives.

Geographic Expansion Rye has already demonstrated expansion into multiple states (Kentucky and Pennsylvania) and potential future growth on former coal mine sites, presenting a sales path for site assessment, environmental permitting, and interconnection analysis in new regions.

Lifecycle Expertise From site identification through construction and operations, Rye manages end-to-end project development, signaling demand for integrated EPC/ops support, equipment procurement, and remote monitoring solutions to optimize project delivery and performance.