The winds of change blow in New York State

New York State has unveiled an initiative to guide the development of 2.4GW of offshore wind by 2030. Announced by Governor Andrew M. Cuomo, the New York State Offshore Wind Master Plan aims to power up to 1.2 million homes with clean energy. He said it will responsibly and cost-effectively implement the procurement of at […]

New York State offers $1.8m for clean heat and cooling

New York State has announced $1.8 million (£1.36m) of funding to help install clean heating and cooling systems in homes and businesses. Governor Andrew M. Cuomo says the move will significantly help achieve his goal of cutting greenhouse gas emissions in half before 2030. The New York State Energy Research and Development Authority (NYSERDA) initiative will […]

New York’s green bank sees $2.7m profits

New York State’s green bank generated profits of $2.7 million (£2.1m) in the last financial year. This was achieved through investing a total of $291.6 million (£228.8m) in clean energy over the period, which has reduced emissions by up to 6.4 million tonnes, equivalent to removing 70,000 cars from the road for 20 years. New York State Governor Andrew […]

New York announces $1.5bn green investment

The State Of New York is starting a new initiative to help create 40,000 clean energy jobs by 2020. The $1.5 billion (£1.16bn) Clean Climate Careers scheme marks the largest clean energy procurement by a state in US history, representing an additional 2.5 million MWh of electricity a year, enough to power around 350,000 homes. The move, […]

New York State launches $70m EV scheme

New York State has launched a $70 million (£56.15m) electric vehicle (EV) scheme to boost green transport. Governor Andrew M. Cuomo hopes the initiative will slash carbon emissions in the transportation sector – it’s currently the largest contributor to greenhouse gas emissions in the state, at nearly 40%. The programme will provide $55 million (£44.11m) to pay for rebates of up to […]

$210m fund to jump start New York’s ‘green’ bank

New York’s first bank aimed at boosting clean energy projects is set to launch early next year after an initial $210 million (£128.4m) of funding was unveiled. Called the NY Green Bank, it is expected to capitalise with $1 billion (£0.6bn) in total and serve as a financial engine to scale up low carbon and […]

$54m boost for large PV projects in New York

A total of 79 large-scale solar projects will soon be installed across the state of New York under a new $54 million (£36.27m) fund announced yesterday. The cash has been awarded under Governor Andrew M. Cuomo’s PV initiative and will be paired with $120 million (£80.6m) in private financing, with the new projects expected to […]