Billed as the ‘Largest Single Commitment to Renewable Energy by a State in U.S. History’ the State of New York announced a US$1.4 billion investment package and over US$3 Billion in direct investment in solar, wind and hydro energy projects, expected to generate around 3,000 jobs.
The US’ two leading states in solar and energy storage, New York and California, have taken steps towards valuing the locational and time-of-use value of distributed energy resources and other states should follow, the Solar Energy Industries Association (SEIA) has said.
Cypress Creek EPC, the construction arm of American solar developer Cypress Creek Renewables, has reached a major construction milestone of 1GW of solar developed over the last 18 months.
“A comprehensive agenda to combat climate change” unveiled on Tuesday by New York governor Andrew Cuomo, includes the setting of a state-wide energy storage deployment target of 1,500MW by 2025.
New York has become the latest US state to decide to support energy storage through its legislature and will be setting targets for deployment of the technologies in the coming weeks.
Investment company Hannon Armstrong has issued US$163.75 million in green bonds to support an extensive portfolio of PV projects located across the US.
News in Brief: Bill Clinton opens Westchester's largest solar array – a 2.7MW facility at Swiss RE's US headquarters; Nexamp completes a 700kW community solar facility in Massachusetts, Michigan introduces a bill to up its RPS and Solaria deploys its architectural solar products at Cornell Tech's campus in New York.
New York-based fixed tilt and solar racking manufacturer GameChange Solar has expanded its capital introduction programme to fund solar projects across the US to over US$2 billion of available capital.
News in Brief: Governor Sandoval will give Nevada's rooftop solar industry the rubber stamp today, Amazon completes another rooftop installation at a national fulfilment centre and Cuomo's school solar initiative completes its first rooftop project.
