The newly combined independent power producer brings to the table a 4.2 GW generation portfolio, including 543 MW of solar.
In his 2021 State of the State address, Andrew Cuomo said, “Green energy is a pressing moral imperative and a prime economic opportunity.”
The $2.2 million in funding comes through NYSERDA’s Smart Grid Innovation program, and is part of New York State’s strategy of a zero emission electricity sector by 2040.
Under a seven-year contract with Con Edison, the utility will bid power from the battery system into New York State’s wholesale energy market.
The New York Power Authority’s board of trustees approved a 10-year strategic plan for decarbonizing New York’s energy infrastructure. Large-scale solar and storage both figure prominently.
The company’s second ‘Spoke’ facility has been completed in Rochester New York and is set to feed 5,000 tons of spent lithium-ion batteries per year to the company’s nearby processing facility, set to open in 2022.
Also in the brief: A New Mexico regulator has recommended denial of El Paso Electric’s planned expansion of the Newman Generating Station, Gemserv has launched a digital platform aimed at helping businesses transition to electric vehicles and more.
“Because economies were shut down, we also had concerns about the companies in which we had investments, and we had to think about how we could help those companies get through the pandemic.”
In a report this May, the PEAK Coalition said that New York City’s gas peaker plants are “perhaps the most egregious energy-related example of what environmental injustice means today.”
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.