Green Innovations

Developing renewable and clean technology companies in New York

Friday, January 15, 2010

$10 million in stimulus funds to assist solar energy companies with projects across the state

The New York State Energy Research and Development Authority has announced $10 million in awards to seven solar energy equipment installers for solar electric projects across the state.The companies are Alteris Renewables  of Menands; Hudson Valley Clean Energy of Rhinebeck; groSolar of White River Junction, Vt.; Solar Energy Systems of Brooklyn, and Tioga Energy of San Mateo, Calif.

The money is coming from the federal stimulus package and is expected to lead to the addition of six megawatts of solar electricity as more than 600 homes and businesses will have solar electric systems installed by the seven companies over the next two years.  The grants are separate from the state’s Renewable Portfolio Standard that offers subsidies for solar electric system installation.

The awards were competitively selected by NYSERA after proposals were submitted in October.