NYSERDA awards contracts for energy storage, renewable projects

By Reuters News

Sept 23 (Reuters) - The New York State Energy Research and Development Authority on Wednesday announced awards for eight new bulk energy storage projects and 13 large-scale renewable energy projects.

  • The projects are expected to attract more than $3.7 billion in private investment, and add 1.7 gigawatts of new energy capacity and create more than 1000 jobs.

  • The eight projects are expected to add 950 MW of energy storage, and the renewable projects will total more than 719 MW of renewable generation.

  • NYSERDA said all eight storage projects are expected to be in service by the end of 2030.

  • The 13 renewable energy projects include solar, wind and hydroelectric facilities and are expected to be operational by 2030, according to NYSERDA.

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