New York State Offers $150 Million for Renewable Energy Projects

NEW YORK – The New York State Energy Research and Development Authority (NYSERDA) and the state’s Public Service Commission released a solicitation yesterday for projects using wind, hydroelectric, biomass or other clean energy resources to generate power, reports.

Awards of up to $150 million in state funding under this solicitation are expected to be announced in mid-December. Under the RPS program, NYSERDA has previously awarded funding on a competitive basis to 51 large-scale renewable electricity generators that are expected to produce enough electricity to provide 5.3 million megawatt-hours of renewable energy per year. These projects include 3 biomass facilities, 8 landfill biogas operations, 23 hydroelectric upgrades, and 17 wind farms.

New York’s RPS program has been highly successful at attracting investments in clean energy and diversifying the in-state resource mix, the authorities said. Wind capacity in operation is nearly 28 times what existed prior to the RPS Program and, in 2010, New York was ranked first in the Northeast and eighth nationally in installed wind capacity.