The New York Energy Research and Development Authority (NYSERDA) has announced that 2GW of solar capacity has been installed across the state.
This means New York is now able to power 244,000 homes using solar energy.
The milestone is a result of up to $4 billion in investment made by the private sector in the state’s solar industry and a decrease in the cost of solar technologies by 60% since 2011.
The milestone represents a 1,800% growth of the solar industry in New York. Up to 12,000 jobs have been created since 2011.
The development represents one-third of the solar capacity needed to achieve the state-wide target to install 6GW of solar by 2025 and supports Governor Andrew M. Cuomo’s nation-leading Green New Deal, which calls for 70% of the state’s electricity to come from renewable sources by 2030.
“Solar is a vital part of New York’s Green New Deal strategy to transition to a clean energy future and reduce carbon emissions to combat one of the most pressing issues of our time–climate change,” Governor Cuomo said. “The success of this initiative demonstrates we are on a path to meeting our nation-leading energy goals, and our climate agenda is spurring economic growth and leaving this planet cleaner and greener for generations to come.”