NY Governor to support clean energy generation

Governor of New York State Andrew M. Cuomo has finalised $250 million in order to fund large-scale clean energy generation projects such as wind farms.

The competitive solicitation will promote the development of a broad range of new renewable energy resources and the contracts for these projects will be awarded for a term of up to 20 years.

Funding will be provided by the New York State Energy Research and Development Authority (NYSERDA) through the State’s Renewable Portfolio Standard (RPS), which is New York’s primary policy to promote the development of new renewable energy resources.