Green Innovations

Developing renewable and clean technology companies in New York

Friday, October 1, 2010

Just how much is the federal government investing in New York State's clean energy economy?

The Department of Energy recently released a memo outlining clean energy investments in New York State under The American Recovery and Reinvestment Act. As of June 1st, the federal government has invested $1.7 billion in New York State. These investments fit into 7 broad categories: energy efficiency, renewable energy, grid modernization, transportation, carbon capture and storage, environmental cleanup and science/innovation.

President Obama's American Recovery and Reinvestment Act is unprecedented as it has already invested a nationwide total of $90 billion for clean energy projects, which the government expects to create a national total of 800,000 jobs by 2012.

For more information visit or download a copy of the report at