The governor announced new NY-Sun awards for large solar electric projects that will increase the solar capacity in New York State by 68 percent, or more than 214 megawatts. Cuomo in April had announced a commitment of $1 billion to NY-Sun, the state’s initiative for increasing solar energy. The plan announced Friday includes a $94 million investment by New York State, along with private investments that total $375 million.
“Today we are making another long-term investment in our clean energy economy — with nearly $100 million in funding that will dramatically increase our capacity to generate and utilize solar energy across the state,” Cuomo said in a statement. “New York is quickly becoming a national leader in renewable energy by building a competitive solar industry, and today’s award recipients are an example of how that progress continues to grow. As we recognize Climate Week, this is a significant step forward in our goal of creating a better place for New Yorkers to live and work, and I look forward to seeing these projects contribute to a cleaner environment.”
The new solar will be installed at 142 project sites, with 50 of the sites located at businesses, 41 at schools, 36 at government facilities and 15 at nonprofits, colleges and health care facilities. The project sites are also spread across the state, with 32 in New York City, 23 in the Hudson Valley, 13 in the Finger Lakes and the rest scattered throughout New York.
Also late last week, Gov. Cuomo signed into law a bill that extends property tax breaks for New York residents and business-owners who install solar panels. The law also doubles the amount of tax breaks possible from the installation.
New York’s Bold New Plan to Expand Solar Energy
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