1. New York to Invest (another) $40 Million in Energy Storage Deployment

    New York to Invest (another) $40 Million in Energy Storage Deployment

    In continued pursuit of his state’s 50% renewable by 2030 and 1,500 MW of energy storage by 2025, New York Governor Andrew M. Cuomo (D) has announced that $40 million will be made available to solar projects that integrate energy storage. Like CPS Energy earlier this week, New York is recognizing the necessity of expansive energy storage coverage to shift solar energy’s availability to times of peak demand, outlining in a release that the storage will be used for that goal. This reasoning is likely also behind Gov. Cuomo’s unique battery storage goal, first unveiled in his 2018 State of the State address this past January.

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  1. Quotes

    1. As we continue our aggressive pursuit of clean, renewable technologies, funding for projects like this will ensure New York remains at the forefront of the global fight against climate change.
    2. Since its inception, NY-Sun has advanced and completed thousands of projects across the state, bringing us closer to meeting New York's renewable energy goals by 2030.
  2. Topics Mentioned

  3. Authors

  4. Categories

    1. Electricity Source:

      Solar Photovoltaic, Wave, Tidal, Hydro, Wind
    2. Storage Market:

      Commercial & Industrial, Military, Residential & Community & Microgrid, Smart Grid, Utility Grid, Vehicle-to-Grid/Home
    3. Storage Technology:

      Compressed Air/Gas, Flow Battery, Flywheel, Hydrogen, Lead, Liquid Metal, Lithium, Magnesium, Mechanical Storage, Nickel, Sodium, Supercapacitors, Vanadium, Zinc
    4. Article Types:

      Null, Reports and Conferences