Dynamic Solar Gets NY-Sun Funding

August 16th, 2012 by Adam Johnston

Dynamic Solar was one of the lucky 16 recipients of the $30 million New York (NY)-Sun award on Wednesday.

The purpose of the NY-Sun program is to help businesses and other organizations get electricity from solar energy sources.

The award will allow Dynamic Solar to finance photovoltaic (PV) commercial and industrial projects across New York City and the lower Hudson Valley area. The funding will also help Dynamic Solar to get projects onto the grid by 2013.

“These awards will help large commercial and industrial businesses to invest in solar power, stimulating economic development while helping reduce use of fossil fuels and greenhouse gases emissions,” said New York Governor Andrew M. Cuomo in a statement.

“Through the NY-Sun program, the state continues to be a leader in the development of solar energy and making solar power a more attractive option for businesses. These investments will help create green jobs, while protecting the environment and leading to a more sustainable future for our state.”

“Developing renewable energy resources is a primary goal of the Commission. Programs that encourage and strengthen renewable resources will help ensure a cleaner environment, ” said Garry Brown, Chairman of the New York State Public Service Commission.

The New York Energy Research & Development Authority (NYSERDA) supports the NY-Sun fund.

Some examples of projects under this program may include projects at universities, colleges, schools, manufacturing facilities, department stores, and apartments.

Source: PR Newswire
Image: Octagon at Roosevelt Island PV Image via flicker

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Tags: Dynamic Solar, new york solar, ny solar, NY solar energy, NY-Sun award

About the Author

Adam Johnston Is currently studying at the School of the Environment Professional Development program in Renewable Energy from the University of Toronto. Adam graduated from the University of Winnipeg with a three-year B.A. combined major in Economics and Rhetoric, Writing & Communications. Adam also writes for Solar Love and also owns his own part time tax preparation business. His eventual goal is to be a cleantech policy analyst, and is currently sharpening his skills as a renewable energy writer. You can follow him on Twitter @adamjohnstonwpg or at www.adammjohnston.wordpress.com.