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NYS Governor Cuomo Announces $40 Million to Support Solar Projects Integrating Energy Storage - NYS Smart Grid Consortium Home / Smart Grid News Highlights / NYS Governor Cuomo Announces $40 Million to Support Solar Projects Integrating Energy Storage

NYS Governor Cuomo Announces $40 Million to Support Solar Projects Integrating Energy Storage

New York State Governor Andrew Cuomo has announced the availability of $40 million to support solar-powered projects that integrate energy storage. The funding supports the state’s ambitious clean energy targets of 1,500 megawatts (MW) of energy storage by 2025 and 50% of the state’s electricity generation coming from renewables by 2050. “As we continue our aggressive pursuit of clean, renewable technologies, funding for projects like this will ensure New York remains at the forefront of the global fight against climate change,” Governor Cuomo said. “The strategic pairing of energy storage and solar technologies moves us closer to building a clean energy economy that protects critical natural resources and benefits all New Yorkers.” The funding will be made available in early November 2018 by the NY-Sun program, and will help to deploy at least 50 MW of solar-plus-storage. For the Governor’s press release, click here.

 

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