Renewable Energy Funding in NY
Governor David A. Paterson today announced that the New York State Energy Research and Development Authority (NYSERDA), in conjunction with the Public Service Commission (PSC), will provide nearly $300 million for renewable energy projects under the Renewable Portfolio Standard Program (RPS), which will help accelerate the development of New York’s clean energy economy. With these awards, New York continues to invest in clean energy to achieve Governor Paterson’s goal of meeting 45 percent of the State’s energy needs through energy efficiency and renewable energy by 2015.
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