NY Green Bank attracts $ 314 million investment from Bank of America. The support will allow the bank to reinvest capital in new projects at a faster pace by making the additional funding available to more projects.

The United States with net zero carbon by 2050 will be a steep climb. Worley and Princeton estimated that the United States would need to build 800 MW of solar power every week for the next 30 years to achieve carbon neutrality.

BlueWave Solar partners with Laketricity to develop floating solar projects. The joint venture aims to develop floatovoltaic projects, first in Massachusetts, then throughout New England. Other projects are already proving the concept.

Researchers are developing a new concept for agro-voltaics. The design uses metal brackets as mounting structures, conventional solar panels, and a grooved glass plate placed between the solar panels. System costs would be around $ 847 / kW.

New York is adding $ 52.5 million in community solar incentives for low-income residents. The program includes low to moderate income subscribers, affordable housing providers and organizations working with disadvantaged communities.

People on the move: Nexamp, TerraWatt Infrastructure, NRECA, etc. Jobs are shifting to solar, storage, clean technologies, public services and the financing of the energy transition.

Walmart becomes New York’s primary tenant of community solar power. Nexamp is developing the nearly two dozen solar projects across the Empire State.

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