NYSERDA Awards $3 Million To Renewable Energy Firms

Gov. David A. Paterson, D-N.Y., has awarded $3 million to a variety of renewable energy companies throughout New York. According to the governor's office, the funds will strengthen and support the growth of New York's clean energy economy by helping the 18 companies commercialize clean energy technologies.

The funding is provided by the New York State Energy Research and Development Authority (NYSERDA). The awards total up to $200,000 per company and require an equal match from the businesses. Funds will be provided to companies following development of a formal contract.

Solar firms receiving awards include SpectraWatt Inc., an East Fishkill-based manufacturer of solar photovoltaic cells currently constructing its first manufacturing facility in the area. The $200,000 award will be used to accelerate sales growth into larger solar-electric generating systems and fill its expanded 60 MW capacity.

Additionally, Solar Metrology LLC, a Holbrook-based designer and manufacturer of photovoltaic cells, received $200,000 to complete the commercialization of three versions of an x-ray fluorescent instrument that will help analyze the stability of residential and commercial solar photovoltaic systems.

Locus Energy LLC, located in Manhattan, received $181,000. The company provides an operations management platform for residential and small commercial renewable energy systems.

SOURCE: Office Of N.Y. Governor David Paterson


Please enter your comment!
Please enter your name here