New York Governor Announces $1 Billion For Solar Energy

New York governor Andrew Cuomo delivered his State of the State address on Wednesday and announced an even greater commitment to clean energy, including $1 billion in new funding for solar energy projects.

Launched in 2012, Cuomo’s NY-Sun Initiative has already been a tremendous success, with almost 300 megawatts (MW) of solar photovoltaic capacity installed or under development, more than was installed in the entire decade prior to the program.

Now with another major financial boost, Cuomo aims to install 3,000 (MW) of solar across New York. “That’s enough solar to power 465,000 New York homes, cut greenhouse gas emissions by 2.3 million tons annually — the equivalent of taking almost 435,000 cars off the road — and create more than 13,000 new solar jobs,” according to the Natural Resources Defense Council.

In addition to the ten-year financial boost for NY-Sun, Cuomo announced a new program entitled K-Solar, which will incentivize the deployment of solar energy by using the state’s 5,000 schools as “demonstration hubs” to increase the number of solar energy projects in their surrounding communities.

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Quality assurance in the manufacturing industry

Quality assurance in the manufacturing industry

Efficiency and precision with CSP software. In the highly competitive world of manufacturing, quality assurance is a critical factor for success. CSP offers you state-of-the-art software solutions specifically designed to ensure the highest standards of quality assurance in the manufacturing industry.