Solar, Sourcing Renewables, Wind - March 12, 2018
New York state commits $1.4 billion to 26 RE projects
Governor Andrew M. Cuomo on Mar. 9 announced the single largest commitment to renewable energy by a state in U.S. history at $1.4 billion, which will advance 26 large-scale renewable energy projects across New York.
The awarded projects include 22 solar farms, three wind farms and one hydroelectric project. A statement noted that one of the wind farms features an energy storage component, marking the first time a large-scale renewable energy project has done so in New York State. Several projects will break ground as early as April 2018 and all projects are expected to be operational by 2022, adding over 1,380 megawatts of capacity and generating over 3,200,000 MWh annually.
Projects were chosen by the New York State Energy Research and Development Authority from submissions by 30 developers proposing 88 projects. Priority was given to renewable energy projects that demonstrated a commitment to the creation of good local jobs and the use of locally-manufactured components and content.
"This is an historic moment for New York as we make the largest purchasing commitment to renewable energy by a state in the history of our country,” said Alicia Barton, NYSERDA president and CEO. “Achieving 50 percent of New York's electricity from renewable sources by 2030 is a cornerstone of Governor Cuomo's nation-leading agenda to fight climate change, and I look forward to watching these projects create jobs, expand our clean energy economy and provide New Yorkers with clean, reliable power for decades."
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Interested in our 2018 Renewable Energy Sourcing Forum? Check out highlights from the 2017 event in the video below.