Friday, December 18, 2009

$ 3 Million Investment in New York Clean Energy Business Expansion

Governor Paterson Fights for North Country Jobs and a Green Future.
$3 Million has been bestowed to assist companies in business growth, creation of latest technologies and new economy employment in New York.

According to Governor, David A. Paterson, this sum will energize the extension of New York’s green energy economy as 18 Empire state companies will be able to sell clean energy technologies. Eventually, this prerogative of clean energy will strengthen New York’s status as leading in the new economy. Moreover, Governor Paterson strongly believes that “public partnerships with private industry are absolutely critical to foster our economic growth”.

New York State Energy Research and Development Authority (NYSERDA) has given this 3 million to facilitate New York businesses contact with markets and other stakeholders so as to supply customers with clean energy. Each company will receive an award of $200,000 as part of a formal agreement.

This project is also hailed by NYSERDA President and Chief executive officer Francis J. Murray as it will decrease energy consumption and enhance environment.
Read more on Green Funding here

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