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Initiative awards millions to NY companies

Albany, N.Y. (AP) - The state's NY-Sun initiative has awarded $28.6 million to 37 projects across the state, including 29 photovoltaic projects that will add 33.6 megawatts of solar power generation capacity.

Gov. Andrew Cuomo says that under the NY-Sun initiative, a total of 299 megawatts of solar photovoltaic capacity has been installed or is under development in the past two years.

Awards are available for a growing number of projects because of the steady decline in solar costs in the past two years, which allows project incentive amounts to be reduced.

Earlier this month, The Solar Foundation, an independent, nonprofit research organization, ranked New York fifth in the nation in the number of solar jobs per capita, with more than 5,000 jobs in 2013.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

 
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