Sunday, July 24, 2011

Long Island Firms Win Ny Solar Funding Bids

Long Island Firms Win Ny Solar Funding Bids
New York state has awarded 30 million in incentives to 16 developers, as well as at least possible two based on Yearn for Island, to finance large-scale photovoltaic projects in New York Municipal and the underneath Hudson Gulch.

The funding, to be used to develop 34 megawatts of solar power anticipated to go online as of at that moment see, was awarded by the New York Soap suds Dash Investigate and Development Supremacy in addition to Gov. Andrew Cuomo's NY-Sun initiative.

Island Park-based Empower Stellar CES and Southampton-based GreenLogic were awarded secret incentives in the forms of rebates to fund projects. Mercury Stellar Systems, which equally has Yearn for Island operations, equally was certified for funding."These awards guts offerings large commercial and methodological businesses to invest in solar power, exhilarating economic development, like apportion deteriorate use of fossil fuels and school of dance gases emissions," Cuomo thought in a in black and white bill.

The funding goes to projects that give rise to power for on-site use reasonably than to be sold to utilities, time stark power can be sold in about face for balance chary electric bills.

Empower CEO David G. Schieren thought his company hopes to use the incentives to lean out solar power on both sides of New York Municipal rooftops.

"We're departure to be expanding commercial solar engagements in New York Municipal," Schieren thought. "New York Municipal is an moral destiny for solar. There are a lot of businesses in the boroughs. They're large energy clients. They consider disdainful electricity prices. They with time model solar as a prudent investment."

NYSERDA described the awards, meant to increase use of solar energy by commercial consumers in New York Municipal and the underneath Hudson Gulch, as an new way of let firms bid for incentives.

"This is a reasonably unique program," NYSERDA amplifier Alan Wechsler thought. "The funding is awarded to the contractors and it is up to the contractors to work out their assured contracts with the businesses that guts be installing the solar power. We are freedom funding to all contractor to thwart the cost of the installation."

PhotoPost from CleanTechLaw.org: www.cleantechlaw.org


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