By Susan Marriott

energy_solar_panel.jpgIn an earlier post, we discussed the opportunity for supply chain manufacturers as a result of the NY-Sun program.  New York’s solar energy industry received an additional boost with the recent passage of the New York Solar Bill by the state Assembly on June 20, 2013.  The bill would extend the NY-Sun program for an additional ten years, through 2023, which if signed into law would make good on Governor Cuomo’s commitment to extend the program in his State of the State address earlier this year.  The result would be an additional 2,200 MW of solar energy capacity, enough to power 400,000 New York homes.  Before the bill can be signed into law, it must be reconciled with the version previously passed by the Senate, which contained an additional manufacturing tax credit that was not in the Assembly version.
Continue Reading Extension of NY-Sun Program May Benefit Hurricane Preparedness

By Susan Marriott

While some believe that New York State is a relatively sunny state, this spring has, so far, made others question this tag.  However, New York is looking to take advantage of its sunshine through the NY-Sun Competitive PV Program, which recently awarded $46 million for 76 large-scale solar energy projects.  These solar energy projects will add 52 megawatts of energy capacity, enough to power almost 9,000 homes.  Over the next couple years, the program has the potential to quadruple the amount of customer-sited solar photovoltaic capacity in New York.
Continue Reading Surge in New York State Solar Projects Signals Supply Chain Opportunity

By Donald T. Ross

Governor Andrew Cuomo, as part of his ongoing “NY-Sun” program intended to accelerate customer-sited solar electricity capacity in New York State, recently signed into law three bills which further this initiative.

Chapter 406 of the Laws of 2012 exempts the sale and installation of commercial solar energy systems—defined as systems which convert solar radiation to energy for cooking, hot water or electricity—from State sales taxes, beginning January 1, 2013, and grants municipalities (counties and cities) the power to exempt these systems from local sales tax.  New York’s similar program for residential solar energy systems continues unchanged.
Continue Reading New York State Extends and Expands Solar Energy System Tax Incentives