New York funds 5 clean energy projects under REV for $175M
“These five projects will bring clean energy and economic development to both upstate and downstate, growing the state’s energy economy and supporting Governor Cuomo’s vision for a more diverse power delivery system,” NYSERDA President and CEO John Rhodes said in a statement. “Under the State’s 2015 Energy Plan, New York now has a clear path to reduce greenhouse gas emissions and increase the use of renewable energy resources, and these projects help advance the plan’s goals.”
The five projects will add approximately 116 MW of renewable capacity, which New York said is enough energy to supply over 54,000 average-sized homes per year.
NYSERDA also said it would issue one more RPS Main Tier solicitation for larger renewable projects in 2016. Under a newly established large-scale renewables proceeding before the Public Service Commission, the Authority proposed a $1.5 billion public investment over ten years for large-scale renewables, which it said is comparable to the level of investment made over the past decade through the existing RPS.