ALBANY, New York — New York utility customers will pay more to subsidize wind and solar projects under deals announced by Gov. Kathy Hochul on Tuesday.
The New York State Energy Research and Development Authority, the state’s clean energy agency, contracted with 23 renewable projects totaling more than 2,300 megawatts of onshore renewables. That’s enough to power about 700,000 homes.
“New York continues to foster competitive opportunities for the clean energy industry to thrive,” Hochul said in a statement. “We are delivering on our commitment to make New York more prosperous by harnessing the benefits of a growing clean energy economy, increasing family sustaining jobs and spurring private investment within communities across the State while remaining focused on keeping energy affordable for all New Yorkers.”
The deals fall far short of the pace needed to achieve the state’s 70 percent renewable electricity by 2030 goal. But these projects are farther along in development than some previously announced and now canceled awards, with all of them expected to be operating by 2028 and a few already under construction.
