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NY Green Bank raises $314 million to meet demand for clean energy project financing

Renewable Energy World

NY Green Bank – a division of the New York State Energy Research and Development Authority (NYSERDA) – announced this week a $314 million transaction in its first private capital raise to support clean energy project financing. NY Green Bank Portfolio. NY Green Bank has made cumulative overall investments of $1.6

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Massive infrastructure projects selected to deliver clean energy to New York City

Renewable Energy World

Together, the Clean Path NY and Champlain Hudson Power Express projects will add 3,400 megawatts of new solar and wind power generation and establish two new high-voltage direct current transmission lines to deliver 18 million MWh of clean solar, wind, and hydropower to New York City every year, enough to power 2.5 New York Gov.

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Upstate New York’s first utility-scale solar projects set to come online this year

Renewable Energy World

This week developer CS Energy said it is working in partnership with the Goldman Sachs Renewable Power Group (GSRP) and the New York State Energy Research and Development Authority (NYSERDA), to develop and begin construction on a 216-MWdc portfolio of new utility-scale solar projects across New York.

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NWA solar + storage to increase New York grid capacity

Smart Energy International

Convergent Energy + Power and National Grid have announced the completion of one of the first solar-plus-storage systems providing a non-wires-alternative (NWA). Convergent’s NWA with National Grid pairs battery energy storage with solar energy (solar-plus-storage). NYSERDA also provided a total of nearly $2.3

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Long Island Could Save Money Replacing Old Peakers With Batteries, Study Finds

GreenTechMedia

That practice runs up against New York state's crackdown on its dirtiest power plants and its concerted push toward a clean grid by 2040. Another 782 MW could retire by 2023 when new state nitrogen oxide (NOx) regulations kick in. Long Island state of mind. Replacing them will save money and benefit the environment.".

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Financing zero: The road to emission-free fleets

GreenBiz

Prices also vary across countries and states, due to inconsistencies in taxes and policies. Andrew Kessler, a managing director at the NY Green Bank who works on financing such projects, said this risk has translated to limited access to capital for small companies trying to scale innovative solutions. Finance to the rescue.

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New York Governor Takes Aim at State’s Onerous Renewables Permitting Regime

GreenTechMedia

New York state is moving to add an Office of Renewable Energy Permitting to ease the approval process for new renewables projects in the state, under a proposal outlined by Governor Andrew Cuomo. New York has already installed 2 gigawatts of solar and allocated $2.9