New York adds 3GW of solar, bringing total pipeline to 95% of 2025 target

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Governor Kathy Hochul cuts the ribbon at the Generate Capital Community Solar Project, along with NYSERDA President and CEO Doreen Harris. Image: Philip Kamrass/ New York Power Authority.

New York has installed 3GW of solar power across the state, according to the office of Governor Andrew Cuomo, bringing the state’s total pipeline to 5.7GW.

When combined with 2.7GW of projects currently under development, the additions represent 95% of the state’s target of 6GW by 2025, as mandated in the Climate Leadership and Community Protection Act.

Since 2011, and the launch of New York’s NY-Sun initiative, solar has increased 2,100% state-wide and declined in cost by 69%, according to the governor’s office.

“The success of NY-Sun demonstrates we are on track to meeting our nation-leading energy goals,” said governor Cuomo.

In 2020, New York came top for community solar installations in the US – community solar makes up 90% of the state’s pipeline – and second for total installations.

Last year, it added 549MW of solar capacity, the majority supported by NY-Sun incentives, according to state authorities.

NY-Sun has provided more than US$1 billion in incentives and has leveraged US$5.3 billion in private investments. It has also committed US$30 million to projects benefiting environmental justice and disadvantaged communities.

“This three-gigawatt milestone is an impressive accomplishment and testament to New York’s strong commitment to solar,” said David Gahl, senior director of state policy east, at Solar Energy Industries Association (SEIA).

The 2.7GW currently under construction in New York state is expected to come online in the next two years.

Read Next

July 20, 2021
Sustainable infrastructure investment firm Generate Capital has raised US$2 billion in funding to scale its support for sectors such as clean energy.
July 7, 2021
Japan is aiming to have 108GW of solar capacity by 2030, 1.7 times higher than the country’s previous target.
July 7, 2021
SmartestEnergy Australia has signed a PPA with Providence Asset Group, to deliver 500GWh of solar power into the national electricity market.
July 2, 2021
New Jersey’s legislator passed two bills yesterday that will increase solar deployment across the state, sending them to the desk of democratic governor Phil Murphy.
June 29, 2021
Investment firm Partners Group has agreed to acquire a controlling stake in Dimension Renewable Energy, a US-based distributed energy platform focused on community solar and battery storage.
June 15, 2021
The US installed more than 5GWdc of solar capacity in Q1 2021, taking its cumulative capacity past the 100GW barrier, but supply chain constraints could pose a major barrier to further growth.

Subscribe to Newsletter

Upcoming Events

Solar Media Events, Upcoming Webinars
July 29, 2021
Webinar
Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events, Upcoming Webinars
October 6, 2021