Governor Cuomo launches a $30 million new energy efficient technology initiative

Governor Andrew M. Cuomo today announced the launch of a $30 million initiative to accelerate the market utilization of emerging, cutting-edge energy-efficiency technologies.

The Energy Efficiency Market Acceleration Program (EE-MAP) is being implemented by the New York Power Authority (NYPA). The program will fund research, market development activities and demonstration projects to help leverage investments and promote business development opportunities for emerging energy efficiency technologies. In July 2012, the NYPA Board of Trustees authorized $30 million for the EE-MAP initiative.

New York Governor signs 3 bills to spur Solar PV

Aiming to create green jobs and make solar energy more affordable for homes and businesses, New York Governor Andrew Cuomo signed a series of bills into effect today, August 17.

Part and parcel of his administration’s NY-Sun initiative to foster solar and renewable energy development and growth across the state, Gov. Cuomo enacted legislation that introduces statewide tax credits for power purchase agreements (PPAs) and solar energy equipment, sales tax exemptions for commercial solar equipment, and an extension of the real property tax abatement for solar power installations in New York City, Capitol Confidential reported.