The investment will go toward 267 fast-charging stalls spread across seven locations and both of the city’s airports.
After public feedback, the New York Power Authority’s finalized first strategic plan will add a combined potential capacity of more than 3 GW across the state.
Also on the rise: The state of the domestic solar and energy storage supply chain, Q1 2025. U.S. solar power purchase agreement prices rise 3.3% in Q4. And more.
Despite changing energy priorities in Washington, D.C., NYC’s solar marketplace will continue to thrive: Good news for industry and consumers.
The funds will support a 674 MW solar project developed by Hecate Energy.
The New York City-based developer of urban, “community-scale” battery energy storage systems has landed a $65 million finance package from lenders led by First Citizens Bank.
Renewable energy credits procured by Tribal-owned Seneca Environmental and retired on behalf of Pinterest will be used to offset home electricity use for work-from-home employees.
The $49.5 million sale will include four community solar projects that total 25.58 MW.
Also on the rise: Rural electric co-ops receive $4.37 billion in clean energy funding. NY utility approves battery storage project on shuttered nuclear site. And more.
Long Island Power Authority gives the nod to developer, enabling it to pursue final local approval for 79 MW and 50 MW facilities.
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