New York continues long duration energy storage investments with $5M funding initiative
NYSERDA is allocating $5 million to fund up to 50% of project costs for developing energy storage systems capable of operating for 10 to 100 hours, addressing key integration challenges and promoting viable economic products within New York’s energy grid.
New York announces $16 million fund for clean hydrogen research and demonstration
The office of Governor Hochul released funds administered by the New York State Energy Research and Development Authority (NYSERDA).
NYC area energy storage developer nets $225 million investment
Following the investment round from Manulife Investment Management, NineDot Energy has now secured a capital base of $400 million.
Sunrise brief: Heliene expands solar manufacturing in the U.S.
Also on the rise: Treasury overloaded by renewable energy low-income tax credit applications. RFP alert: New York seeks “expedited” solar. And more.
RFP alert: New York seeks “expedited” solar
As part of the state’s recently launched ten-point plan to speed up the deployment of renewable energy, New York has released an RFP to maintain momentum toward its clean energy goals, with project awards imminent. Initial applications are due in ten days.
New York State hits a milestone with 2 GW of community solar installed
This top community solar market has a total of 5 GW of distributed solar and another 3.3 GW in development.
Partially developed 12 MWac brownfield solar site up for auction in New York
The 111.5 acre former iron ore mine has undergone zoning and interconnection work by New York’s NYSERDA team to minimize risks associated with developing projects on sites that the state deems ideal for hosting solar power projects.
New York’s first state-owned energy storage project now operational
The 20 MW utility-scale battery energy storage facility will help accelerate the target of 6 GW of energy storage by 2030.
Multi-day energy storage increases grid capacity by factor of ten
Form Energy released a white paper that provides further evidence that multi-day energy storage, like its iron-air technology, can substantially reduce the costs for New York to achieve its ambitious decarbonization targets.
New York State increases clean energy storage research incentives
Four demonstration projects receive funding to test and scale different long-duration energy storage technology proposals.
