Governor David A. Paterson today announced that four New York advanced-energy projects will receive more than $88 million in funding to support Smart Grid demonstration and energy storage projects through the American Recovery and Reinvestment Act. These projects were competitively selected with 28 other projects funded nationwide to help build a smarter, more efficient and more resilient electrical grid.
“The fact that our State is well represented among the states in receiving these funds is testament to New York’s position as leader in the New Economy. Smart Grid and energy storage efforts are critical pieces of my ‘45 by 15’ energy efficiency and renewable energy goals, and continue our path to creating a stronger clean energy economy and a cleaner environment for all New Yorkers,” Governor Paterson said. “Three State authorities, including NYSERDA, LIPA and NYPA, are actively involved in these projects, and we are proud of the recognition they have received. I applaud President Obama, Energy Secretary Steven Chu and our entire Congressional Delegation for their work to secure these critical funds that promote economic recovery, development and environmental stewardship.”
Read full release here.