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N.Y. governor unveils $1.5 bil renewables plan; NYPA to play key role

N.Y. governor unveils $1.5 bil renewables plan; NYPA to play key role

June 2, 2017

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New York Gov. Andrew Cuomo on June 2 unveiled details on a new initiative under which New York state will make an investment of up to $1.5 billion in major renewable energy projects, including wind and solar, and significantly expand energy efficiency and solar installations at public buildings. The New York Power Authority will play a central role in the initiative.

The investment will result in an additional 2.5 million megawatt-hours of electricity a year, representing the largest clean energy procurement by a state in U.S. history, Cuomo’s office said in a June 2 news release.

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