Boralex scoops New York solar project
finished a deal with Delaware River Solar to obtain a 20MW solar project in New York State. The Sky High solar project is located in the Town of Tully, in the
Jan 26, 2021 // Plants, USA, New York, North America, Boralex
Solar, storage win big in $2.7 bn New York tender
New York City Governor Kathy Hochul (pictured) has announced awards for 22 large-scale solar and also energy storage projects that are anticipated to deliver enough clean, budget friendly energy to power over 620,000 New York homes for at the very least 20 years. As the state's largest land-based renewable energy procurement to date, these projects will stimulate over $2.7 bn (EUR2.5 bn) in private investment as well as develop over 3,000 short- and also lasting jobs throughout the state. The honors speed up progression to exceed New York's goal to obtain 70% of the state's electricity from renewable sources by 2030 on the path to a zero-emission grid by 2040 as needed by Climate Leadership and Community Protection Act. These awards are anticipated to strengthen the state's current pipe of renewables to power over 66% of New York city's electricity from renewable sources. Hochul stated: "Today's investments will certainly put us on a path to making New York city a greener area to live while likewise developing new jobs and also stimulating economic developmen. " These projects will certainly enable us to not simply satisfy but exceed our objective of obtaining 70% of our electricity from renewable energies and will certainly additionally seal New York as a national leader in the battle versus climate change." Among those selected were five Boralex solar farms completing 540MW of generation and also 77MW of storage. Boralex president Patrick Decostre stated: "Today's statement solidifies Boralex's role in New York city State's power market throughout this essential expansion of renewable electricity generation. " These projects display the calculated, creative strategies to solar farm development and also community engagement our reputation is improved. " I am proud of the Boralex group and also their efforts to develop clean, affordable energy." To additionally New York city State's objective of 70% renewable electricity by 2030, NYSERDA launched its 5th request for proposals April 2021 for the purchase of New York Tier-1 Eligible Renewable Energy Certificates (RECs). RECs represent renewable electricity entering the electricity grid. Each REC equals the ecological qualities of one megawatt hour of electricity produced from a renewable resource, such as solar. The statement begins a procedure for Boralex as well as NYSERDA to perform 20-year Renewable Energy Standard Agreements for the purchase of RECs associated with the power production of the chosen projects. The power connected with the RECs should be consumed within New York State. The price of the RECs will be indexed to a referral power and capacity rate, which will certainly hedge the projects' seller energy and also capacity revenues, preventing a demand for the projects to obtain a different long term offtake agreement for the sale of power and capacity. NYSERDA president and chief executive Doreen M Harris stated: "The large-scale solar projects revealed today, consisting of five Boralex projects, bring New York city State significantly closer to reaching our clean energy objectives and also transitioning us toward a zero-emission electricity system. " NYSERDA anticipates dealing with Boralex to guarantee these projects are sophisticated sensibly and with local input to permit host communities to understand the crucial jobs and also financial investments that will originate from these solar farms."
Jun 3, 2022 // Plants, Large-Scale, Commercial, Storage, USA, NYSERDA, North America, Boralex, Patrick Decostre, Kathy Hochul
New York City Hits 4-GW Distributed Solar Energy Milestone
part of Climate Week, New York Governor Kathy Hochul has actually introduced that 4 gigawatts of distributed solar-- community, domestic, small commercial and
Sep 23, 2022 // Markets & Finance News, NYSERDA, Doreen M. Harris, Kathy Hochul, Climate Week, New York Governor, NY-Sun initiative
Ubiquity Solar to construct 350MWp cell factory in New York
the plant to be completely functional by the end of 2022. "We understand that New York State is business-friendly, has a skilled labor force as well as is committed
Sep 28, 2021 // Manufacturing News, USA, North America, cell manufacturing, Kathy Hochul, new york state, Ubiquity Solar
Greenbacker acquires 110MW PV portfolio in New York from Hecate
operations in 2021. Once operational, this pipeline of PV projects in New York will generate enough electricity to power approximately 23,000 homes. The
Jan 7, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, New York, Charles Wheeler, North America, hecate, greenbacker, Chris Bullinger
New York finalises contracts for transmission project including 1.8 GW of solar
line. Clean Path NY stated it has actually authorized an arrangement with the New York State Energy Research and Development Authority (NYSERDA) and also submitted
Dec 3, 2021 // Markets & Finance News, USA, New York, NYSERDA, Invenergy, North America, Clean Path NY
SEIA-Led Coalition Claims New York City Must Minimize Proposed Solar Charge
the solar power system for the electrical energy they contribute to the grid. New York city State regulatory authorities, nonetheless, are recommending adjustments
Mar 6, 2020 // Market Research, USA, SEIA, North America
New York Loves Distributed Solar, Targets 10 GW By 2030
New York state, which has actually embraced the need for modification strongly in recent years, has established itself a target of 10 GW of solar from distributed projects for 2030, even as it looks set to accomplish its objective of 6 GW by 2025. The initial target was 3 GW by 2023. Currently, over 90% of the 6 GW targeted capability remains in area or unfinished. The state has a broader carbon free target for its grid by 2040. The state, and also its capital, New York City, have been in the news for routine news and moves connected to greater sustainability, the last of which was a move to ban gas pipes at new builds. The latest strategies would certainly be under its NY-Sun Incentive Program. The brand-new strategies, sent by the New York State Energy Research and Development Authority (NYSERDA) and the New York State Department of Public Service (DPS) to the state Public Service Commission mentions that the 10 GW would certainly allow clean energy for virtually 700,000 homes each year. The roadmap discovers numerous options of establishing incentive levels to achieve the 4 GW step-by-step target in the form of procurement structures, pricing models as well as funding devices. The extra 4 GW has actually been separated in between 2.943 GW ahead up in Upstate as business as well as industrial (C&I) projects, 150 MW each for residential, small projects and big projects in Con Edison electric solution area, and 607 MW in Long Island as well as Upstate as unincentivized projects. The referral is for at least 1.6 GW requires to be guided towards low to moderate earnings (LMI) citizens, controlled affordable housing, disadvantaged communities (DAC) as well as environmental justice communities. The complete financial investment needed for the added 4 GW has been positioned at $1.474 billion, in the form of aids and various other support. Importantly, it ought to produce 6000 jobs as well. New York has a stated aim to boost the share of renewable resource to 70% in its electrical energy mix by 2030 with the overarching target being 100% emissions-free resources by 2040.
Dec 22, 2021 // Markets & Finance News, NYSERDA, Andrew Cuomo, decarbonisation, Distributed Energy, new york state, Department of Public Service, DPS
Pivot Energy now establishing 94 MW of community solar projects in New York
first got in New York city in 2019, providing SunCentral, its exclusive community solar administration software program to New York solar developers
Apr 21, 2021 // Plants, Large-Scale, Commercial, USA, North America, pivot energy, solar projects, Tom Hunt
New york city launches new framework for distributed solar
of solar power within the Con Edison electric solution area, which covers New York and also parts of Westchester, increasing its solar capacity to over 1GW and
Apr 20, 2022 // Markets & Finance News, USA, New York, North America, distributed solar, Kathy Hochul, NY-Sun
CS Energy secures 270 MW of New York solar projects
company has protected contracts from the New York city State Energy Research and Development Authority (NYSERDA) after participating in the firm's fifth yearly
Jun 22, 2022 // Markets & Finance News, USA, New York, North America, solar projects, CS Energy
New york city launches largest renewable solicitation in United States history
New York city's hostile sustainable procurement efforts struck a historical mark today, with Governor Andrew Cuomo revealing the largest single renewable resource solicitation ever put forth in the United States. The solicitation calls for up to 4,000 megawatts of eco-friendly capacity, all with the direct goal of combating climate change. Of these 4,000 MW, the solicitation requires approximately 2,500 megawatts of offshore wind projects, along with over 1,500 megawatts of land based massive renewable resource projects. That 1,500 MW solicitation, issued especially by the New York State Energy Research as well as Development Authority (NYSERDA) as well as the New York Power Authority (NYPA), is the country's biggest coordinated solicitation for land based large-scale renewable energy projects by a U.S. state. " During one of one of the most tough years New York has actually ever before dealt with, we continue to be laser-focused on executing our nation-leading environment plan as well as expanding our clean energy economic climate, not just to bring considerable financial advantages and work to the state, however to rapidly strike environment adjustment at its source by decreasing our exhausts," said Governor Cuomo." With these record-breaking solicitations for renewable energy and brand-new port infrastructure, New York remains to lead the way with the most enthusiastic Green New Deal in the nation, creating a future fueled by tidy, renewable energy resources." Fulfilling objectives as well as making tasks This very first solicitation has the prospective to bring New York State midway towards its objective of 9,000 megawatts of overseas wind by 2035, while additionally giving substantial headway towards New York State's required to protect 70% of the state's electrical energy from renewable energy by 2030. Both solicitations are anticipated to create roughly $7 billion in straight investments in about 4,500 short as well as long-term work, which the Governor's office shares that it is leaning on, at least partly, to jumpstart and also drive economic development as part of resuming and also reimagining New York State's economic climate in the wake of the Covid-19 pandemic. Solicitation specifics The land-based sustainable solicitation is in fact divided right into 2 classifications: projects being procured by NYSERDA and those being procured by NYPA. NYSERDA's part asks for the growth of Tier-1 qualified renewable energy projects that will certainly generate 1.6 million MWh or even more yearly. Any type of project that can be certified as a Tier 1 eco-friendly technology and got in operation after January 1, 2015 or by November 30, 2022, with the alternative for expansions to November 30, 2025 that fulfills the kWh goal is eligible. The land-based projects chosen will certainly be the fastest to building and also NYSERDA hopes to alert the granted developers in early 2021. As for NYPA, that solicitation is seeking projects that will certainly generate 2 million MWh or more yearly, with a generation capacity between 20 MW to 25 MW or 100 MW+. The 2 million MWh goal can be served by one or multiple projects. The agreements offered will be for a packed item which will certainly consist of power, capacity as well as RECs. The picked projects are expected ahead online between 2021 and 2024, and also winning bidders will certainly be introduced by year end 2020. NYSERDA will certainly organize a webinar on this request for proposals and also the submittal procedure for possible proposers on Tuesday, August 4, 2020 at 1:00 p.m. EDT.
Jul 22, 2020 // Large-Scale, USA, NYSERDA, Andrew Cuomo, North America
Greenbacker Obtains Two New York Solar Projects
already in place with investment-grade offtakers. Albany 1 is gotten with the New York State Energy Research and Development Authority, while Albany 2 will offer
Aug 12, 2021 // Plants, Large-Scale, Commercial, USA, Charles Wheeler, North America, greenbacker, Chris Bullinger, solar projects, Hecate Energy LLC
New york city proposes 4GW expansion to NY-Sun programme
published a roadmap for distributed solar that had been submitted by the New York State Energy Research and Development Authority (NYSERDA) and the New
Dec 21, 2021 // Markets & Finance News, USA, New York, NYSERDA, North America, NY-Sun
New York Funds Energy Storage On Long Island
launched with an initial rollout of nearly $15 million in incentives from the New York State Energy Research and Development Authority (NYSERDA) through its Retail
Jul 8, 2019 // Markets & Finance News, New York State Energy Research and Development Authority, NYSERDA, Cuomo’s Green New Deal, NYSERDA and PSEG-LI

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