The NY-Sun program aims to make this state a leader in harvesting sun power

Aug 13, 2012 08:40 GMT  ·  By

Just recently, New York's Governor, Andrew M. Cuomo, announced that $107 million (€87.05 million / ₤68.19 million) have been made available for investments in developing the state's sun energy generation capacity.

Presently, the New York State Energy Research and Development Authority is on standby, waiting for businesses, factories, municipal buildings and other potential customers to submit proposals for future photovoltaic systems, whose generation capacity need exceed 50 kilowatts.

This latest project for greening up the state of New York will be up and running until the end of 2013, and the funding made available is to be administered as follows: about $36.4 million (€29.61 million / ₤23.19 million) are to be spent throughout what remains of the year 2012, whereas roughly $70.5 million (€57.35 million / ₤44.93 million) will be given to eligible customers in 2013.

The Examiner reports that, speaking about the future benefits the NY-Sun program is expected to bring forth, Governor Andrew M. Cuomo explained how, “The NY-Sun program has helped establish New York State as a leader in solar power, and these investments in photovoltaic systems will allow businesses and municipalities to put in place green, cost-effective electric generating installations.”

Furthermore, “In addition, these investments will further drive job growth in the state's clean power industry, and create economic development in communities across New York. I encourage all businesses and municipalities eligible for these grants to apply.”

As official sources inform us, this green-oriented initiative is to both cut down on the number of households and businesses across the New York state currently depending on the national grid for energy, and boost local economy by presenting NY's residents with new job opportunities.

Naturally, quite a lot will also be gained in terms of environmental protection, as solar energy will replace the use of fossil fuels.

More information about this project and about how said funding can be accessed is made available for you here.