3 more reasons to love New York

28.10.14 By

There’s a reason New York State’s motto is “Excelsior” (“ever upwards”)!

The State has unveiled a suite of exciting new solar initiatives geared to ramp up solar uptake. These projects are part of the NY-Sun incentive program. New York State Governor Andrew M. Cuomo has made a commitment of $1billion to the initiative. In his words:

“NY-Sun provides innovative solutions, creates a more resilient and flexible power grid, lowers the State’s carbon footprint, and promotes a cleaner and healthier environment for all New Yorkers”

Here are 3 highlights:

1. The State of New York is funding the biggest solar factory in the Western Hemisphere. This ‘GigaFactory’ will bring in 5,000 jobs and a whole lot of solar capacity.

2. Governor Cuomo has launched 142 new solar projects at businesses, schools, government facilities and not-for-profits locations. This will see the State’s solar capacity jump up 68% since last year.

3. The State of New York will also grant US$94 million for solar projects that will bring additional private investment of US$375 million, in line with Cuomo’s aim for a self-sufficient solar industry.

You can find out more about the initiative here.