About
Founded in 2010, Rye Development is a private headquartered in Boston, United States specializing in Hydro.
Rye Development is a Boston-based hydroelectric power developer specializing in low-impact hydropower systems installed at existing, non-powered dams. The company focuses on repurposing abandoned dam structures that were originally built for navigation and flood control, converting them into renewable energy assets. Notable projects include a 17.8-megawatt facility at Emsworth Main Channel Dam on the Ohio River (serving Allegheny County) and a facility on Allegheny Lock and Dam 2 (supplying University of Pittsburgh). The company has eight projects in development across southwestern Pennsylvania and a pipeline of 25 projects nationwide. Rye partners with the Army Corps of Engineers, local stakeholders, and financing partners like the Climate Adaptive Infrastructure Fund. Projects emphasize environmental stewardship, community engagement, and workforce development, with each project creating 150-200 family-wage jobs during construction.
Headquarters
Boston, United States
Founded
2010
Company Type
Private
Business Models
Value Chain
Service Regions
Southwestern Pennsylvania, Three Rivers region, Mid-Atlantic, Northeast