Rye Development is advancing America’s next generation of pumped storage hydropower, the largest and most proven form of energy storage. Our diverse portfolio of energy storage projects helps ensure people will have reliable access to energy when they need it. We develop projects from inception to operations through site identification, permitting, offtake and construction. Rye works in partnership with utilities, policymakers, community leaders and other stakeholders to bring pumped storage hydropower projects to life.
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The Rye Development annual revenue was $11 million in 2026.
Paul Jacob is the CEO of Rye Development.
13 people are employed at Rye Development.
Rye Development is based in West Palm Beach, Florida.
The NAICS codes for Rye Development are [22, 221].
The SIC codes for Rye Development are [49, 65].