NYSERDA To Award $150 Million In Funding To Renewable Energy Projects

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The New York State Energy Research and Development Authority (NYSERDA) and the state's Public Service Commission (PSC) have made available $150 million to fund a broad range of renewable energy generation projects in the state.

Supported by the state's renewable portfolio standard, the funds will be awarded competitively through a solicitation released for electric generation projects using wind, hydroelectric, biomass or other clean energy resources.

Awards under this solicitation are expected to be announced in mid-December.

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