Green Innovations

Developing renewable and clean technology companies in New York

Tuesday, January 25, 2011

NYSERDA is offering $250 million for renewable energy generation

The New York State Energy Research and Development Authority (NYSERDA) is offering $250 million in funding for renewable energy generation projects within the state. The funding will help New York State reach its Renewable Portfolio Standard goal of obtaining 30% of its electricity from renewable sources by 2015, resulting in dramatic reductions of greenhouse gas emissions, increased energy independence and high quality jobs for New Yorkers.

Thus far the Renewable Portfolio Standard program has granted funding for a landfill biogas operation, 3 biomass facilities, 21 hydroelectric upgrades and 14 wind farms.  These 39 facilities are expected to provide New York with 4.3 million megawatt-hours of renewable energy per year.

Applications for the funding are due February 10, 2011 by 5 pm.
For more information, refer to RFP 2226 at http://www.nyserda.org/funding/2226rfp.asp.