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NY re-allocates £6m for solar projects

06/01/2016

Funding worth more than $6 million has been re-allocated for solar projects in New York.

The New York State Energy Research and Development Authority (NYSERDA) is providing the cash as part of the NY-Sun Solar Megawatt (MW) Block programme.

That’s an extension of Governor Andrew M. Cuomo’s $1 billion initiative to advance the scale-up of solar and move the State closer to having a sustainable, self-sufficient solar industry.

Under the scheme, residential, small and large commercial solar projects applied for a share of the money which helps lower total project costs.

Rooftop solar panels are installed in Solar Projects 

However, due to the cancellation of some projects or whose scope or funding was changed, NY-Sun re-allocated the uncommitted funds.

Some of the regions where the money is re-allocated are Upstate Region Residential, Upstate Region Small Non-Residential and Con Edison Residential and Long Island Small Non-Residential.

NYSERDA President and CEO John B. Rhodes said: “NY-Sun is a critical part of Governor Cuomo’s Reforming the Energy Vision (REV), which has had great success in spurring unprecedented growth in solar across the State. The re-allocation of funds will ensure an appropriate level of support is available to residential and small commercial projects in regions where funds were allocated but not used.”

Ngoc Diep (Energy Live News)