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Aug. 30, 2012: New York Offers $107 Million for Large Solar Power Projects

ALBANY, N.Y. — Gov. Andrew M. Cuomo has announced that $107 million is available for a major solar power incentive program that will increase the amount of electricity generated by photovoltaic (PV) systems throughout New York. The NY-Sun Competitive PV Program, administered by the New York State Energy Research and Development Authority (NYSERDA), seeks proposals for solar PV systems greater than 50 kilowatts to be installed at larger commercial and industrial sites.

The newly established NY-Sun Competitive PV Program will make $36.4 million available in 2012 and $70.5 million in 2013. This phase of the program is available through the end of 2013 for PV projects in New York City and upstate New York at eligible customer sites. This is an expansion of a two-year-old program that previously focused on large PV systems for the commercial, industrial, and municipal sectors exclusively in New York City, Westchester County, and the lower Hudson Valley. All projects will require co-funding to best leverage state resources with funding capped at $3 million per project.

For more information on the NY-Sun Competitive PV Program, visit http://ny-sun.ny.gov/.

Publication date: 8/27/2012

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