Twenty large-scale renewable energy infrastructure projects are under construction in New York state, paving the way for it to meet its goal of sourcing 70% of its electricity from renewable sources by 2030.
Under a seven-year contract with Con Edison, the utility will bid power from the battery system into New York State’s wholesale energy market.
The results of New York Statevs most recent renewable energy request for proposals are in. Some 21 large scale clean energy projects with 1,278 MW of new capacity have been awarded, with 17 of the projects supplying 1,090 MW of solar.
New York state has chosen Zinc8’s zinc-air battery to demonstrate the technology’s viability over a three-year period in a 100 kW/1 MWh storage system.
A site origination exercise and load analysis by Cornell University suggests 9 GW of solar will reduce peak demand in New York by nearly 10%. However it also found solar needs better capacity valuations to make for a stronger market, and will drive a winter time duck curve during a season of lower electric demand.
With the passing of twin initiatives, New York has set an ambitious plan to raise its energy storage capacity to 1.5 GW by 2025 and 3 GW by 2030.
The innovative wafer maker will be building its first commercial-scale factory overseas.
The Chinese integrated PV manufacturer’s stock has traded above the New York Stock Exchange’s (NYSE) minimum threshold of $1.00 per share for 30 straight days.
The Empire State’s solar industry has attracted nearly $1.5 billion in private investment, putting its goal of producing 50% of its electricity from renewables by 2030 in reach.
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