New York State is set to receive nearly $250 million to bolster its efforts in expanding access to clean and affordable solar energy for low-income residents. The grant, announced in support of New York’s Climate Leadership and Community Protection goals, aims to achieve 70 percent of the state’s electricity from renewable sources like solar by 2030.
Governor Hochul expressed gratitude for the support from President Biden, Administrator Regan, and the New York Congressional Delegation, highlighting the significance of this partnership with the Environmental Protection Agency (EPA) in advancing the state’s commitment to community solar and sustainable energy.
Administered by the New York State Energy Research and Development Authority (NYSERDA) in collaboration with coalition partners such as New York State Homes and Community Renewal (HCR), the City of New York, and the New York City Department of Housing Preservation and Development (HPD), the funding will facilitate the expansion of solar benefits for disadvantaged communities and low-income residents. This initiative is part of the NY-Sun program, aiming to enhance solar deployment, technical assistance, and workforce development programs.
The grant will enable the implementation of new programs targeting barriers to solar deployment for low-income New Yorkers, with a focus on collaboration among NYSERDA, HCR, the City of New York, and HPD. Anticipated to be finalized and executed by summer, the award agreements will pave the way for the design and implementation of Solar for All funded programs over a five-year period.
EPA Administrator Michael S. Regan underscored the significance of the Solar for All award in advancing solar energy initiatives across the country. The initiative, funded through President Biden’s Investing in America agenda, aims to invest $7 billion in solar energy projects for over 900,000 households in low-income and disadvantaged communities. This effort aligns with President Biden’s Justice40 Initiative, directing benefits of federal climate and clean energy investments to marginalized communities.
New York’s robust solar market, supported by initiatives like NY-Sun, has positioned the state as a leader in community solar. With over 90 percent of the current goal to install 10 gigawatts of distributed solar by 2030 already achieved, the state continues to drive progress towards a sustainable and equitable energy future.
Guided by ambitious climate and clean energy initiatives, New York is committed to reducing greenhouse gas emissions and achieving economy-wide carbon neutrality. With unprecedented investments in renewable energy, clean transportation, and climate action partnerships, the state is making significant strides towards a zero-emission future while fostering green economy growth and ensuring equitable access to clean energy solutions.