Independent power producer (IPP) Greenbacker Renewable Energy Company has secured US$950 million in aggregate financing to support the acquisition, construction and operation of a 500MWac solar PV power plant being pursued in the state of New York, US.
The New York Public Service Commission (PSC) has approved solicitations for onshore renewable energy projects and large-scale energy storage, to guide the state to its 2030 energy storage policy target.