New York State offers $250M for renewable energy projects

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New York State offers $250M for renewable energy projects

State offers $250M for renewable energy projects
By THOMAS ADAMS
Rochester Business Journal
January 24, 2011
Some $250 million in state funding is available for renewable energy generation projects, officials announced Monday.

The funding will be awarded competitively for electric generation projects related to wind, hydroelectric, biomass and other clean energy resources, state officials said.

The New York State Energy Research and Development Authority and the state Public Service Commission are coordinating the funding. An announcement on awards is scheduled for April, officials said.

NYSERDA has awarded competitive funding to 39 large-scale renewable electricity generators expected to provide 4.3 million megawatt hours of renewable energy per year, officials said.

Recipients include three biomass facilities, one landfill biogas operation, 21 hydroelectric upgrades and 14 wind farms, officials said.

"By building our clean energy infrastructure, we will create jobs, improve our environment and strengthen our energy resources," NYSERDA president and CEO Francis Murray Jr. said in a statement.