Sunday, May 19, 2024
Homenew yorkHochul says New York to invest in 3 offshore wind projects

Hochul says New York to invest in 3 offshore wind projects

New York will invest in three offshore wind projects as the state tries to meet its ambitious timetable to transition to renewable energy sources, Gov. Kathy Hochul announced Tuesday.

The Democratic governor announced the conditional awards as high development costs affect other offshore wind projects for New York and around the globe. The state also announced awards to 22 land-based solar, wind and hydro projects. Combined, the projects will generate enough power for 2.6 million homes, with almost two-thirds of it coming from the three offshore wind projects.

“This is an historic investment to demonstrate our full commitment to renewables,” Hochul said at a ceremony announcing the investments.

The land-based renewable awards went to 14 new solar projects, six wind re-powering projects, one new wind project, and one hydroelectric project being returned to service.

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