NY re-allocates £6m for solar projects

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 […]

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By Jacqueline Echevarria

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.

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.”