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New York to pump billions into Renewables sector

25 Jan 2016

New York plans to invest $5bn in clean energy projects in an effort to reduce pollution and improve economic growth.

The funds will support solar and wind power including initiatives aimed at advancing grid modernisation over the next ten years. The investment will assist New York with achieving its goal to acquire 50% of its power output from renewable sources by 2030.

New York State Energy Research and Development Authority will be responsible for the fund.

“The Clean Energy Fund creates the demand for clean energy and the certainty we need to accelerate the growth of a dynamic clean tech economy that stimulates private investment and job creation," said New York State Energy Research and Development Authority president and CEO, John Rhodes.

Click here to view roles that are currently available across the Renewables sector.