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Home  »  Business News  »  NYS Has $60M Available For Solar Energy Projects At Business And Industrial Sites
Business News

NYS Has $60M Available For Solar Energy Projects At Business And Industrial Sites

Posted onJune 4, 2014

New York state has $60 million available
through a third round of the statewide NY-Sun
Competitive PV initiative, as the state continues
to expand its portfolio of clean, renewable
solar energy.

“By supporting the growth of the solar industry
in New York, our administration is taking a
fundamental step in growing the State’s clean
energy economy,” Gov. Andrew Cuomo said.

“Over the past few years, the NY-Sun initiative
has been vital to reducing harmful greenhouse
gas emissions, lowering the strain on the
power grid, and creating new opportunities
for businesses to pursue solar installations
across the state. With this round of funding we
are continuing to build a cleaner and greener
state, and I encourage all interested parties
to apply today.”

Administered by the New York State Energy
Research and Development Authority (NYSERDA),
the $60 million funding opportunity
is for solar projects to be located at business,
industry and institutional sites that are large
energy users.

It is the final solicitation under the current
design of the NY-Sun Competitive PV Program
and is for systems larger than 200 kilowatts.
Proposals are due in July.

President and CEO of NYSERDA John B.
Rhodes said the initiative ‘is a powerful, wellfunded
solar energy expansion plan that is
beneficial to New Yorkers. The continued scaleup
of solar capacity attracts significant private
investment, creates well-paying jobs, improves
the reliability of the electric grid and promotes
clean energy usage.”

Cuomo launched the NY-Sun initiative in
2012 to significantly increase the amount of
solar power installed annually at customer sites
in New York state. A total of 316 megawatts
(MW) of solar PV has been installed or is under
contract–more than previously installed in
New York throughout the entire prior decade.

This will save approximately 116,000 tons of
greenhouse gas emissions from being released,
which is the equivalent of removing 23,000 cars
from the road, officials said.

Under the NY-Sun Competitive PV Program,
installers submit proposals for funding based
on commitments from companies interested
in having PV installed at their sites and the
proposed incentive for each PV project.

In his 2014 State of the State address,
Cuomo established Community Solar NY, a
program to make solar energy available to all
New Yorkers. It includes K-Solar, a program
to provide incentives, financing and technical
assistance to school administrators interested
in reducing energy costs and creating healthier
environments for students through on-site
solar installations.

For more information on the NY-Sun Competitive
PV Program solicitation, visit nyserda.ny.gov/PON2956.

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