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New York Related News

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Governor Cuomo Announces Four New NY Green Bank Transactions to Generate Up to $220 Million in Clean Energy Projects

Previous NY Green Bank Investments Have Added Solar at 840 Homes and Wind Turbine Construction in Five Counties; Projects Expected to Reduce Carbon Emissions By Nearly Three Million Metric Tons  Governor Andrew M. Cuomo today announced the closing of four new NY Green Bank transactions, which are expected to generate up to $220 million in clean energy projects, including more than 6,200 residential rooftop solar installations across the state. NY Green Bank investments will also result in up to eight...
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Governor Cuomo Announces Four New NY Green Bank Transactions to Generate Up to $220 Million in Clean Energy Projects

Previous NY Green Bank Investments Have Added Solar at 840 Homes and Wind Turbine Construction in Five Counties; Projects Expected to Reduce Carbon Emissions By Nearly Three Million Metric Tons  Governor Andrew M. Cuomo today announced the closing of four new NY Green Bank transactions, which are expected to generate up to $220 million in clean energy projects, including more than 6,200 residential rooftop solar installations across the state. NY Green Bank investments will also result in up to eight...
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New York City Casts a Net to Catch the Next Big Start-Up

For years, New York — a city not accustomed to being second banana — has looked on as Silicon Valley has solidified its influence over the technology industry. Sure, New York has added tens of thousands of good-paying tech jobs while the Wall Street job engine has sputtered. And the city’s start-ups pulled in $1.94 billion in venture funding in the first three months of this year, the most for any quarter in five years and second only to Silicon...
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Governor Cuomo Announces $150 Million Available For Renewable Energy Projects

Funding Will Build and Expand Large Solar, Wind, Hydro and Other Renewable Energy Projects to Meet State Goal of 50 Percent Renewables By 2030 Governor Andrew M. Cuomo today announced $150 million in funding to support large-scale renewable energy projects across the state. This funding will facilitate public-private partnerships to advance the Governor’s Reforming the Energy Vision strategy and ensure the state meets its goal of generating 50 percent of its electricity from carbon-free renewable energy projects by 2030. “This state...
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Governor Cuomo and Legislative Leaders Announce Agreement on 2016-2017 State Budget

Governor Andrew M. Cuomo, Senate Majority Leader John Flanagan, Senate Independent Democratic Conference Leader Jeffrey Klein, and Assembly Speaker Carl Heastie today announced an agreement on the 2016-17 state budget. The budget holds the growth in state spending to two percent for the sixth consecutive year, continuing to reverse a decades-long trend where state spending outpaced the rate of inflation or personal incomes. The budget also includes a number of landmark policies that will strengthen opportunity for working and middle...
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Governor Cuomo Announces Global NY Fund Tour to Promote Export Assistance Funding

Grants up to $50,000 and loans up to $500,000 available to help businesses enter the global marketplace Governor Andrew M. Cuomo today announced the launch of the Global NY Fund Tour – a series of informational sessions being held in each of New York State’s ten economic development regions to inform small- and medium-sized businesses and non-profits about new resources available to support international export efforts. At today’s event in the Capital Region, Lieutenant Governor Kathy Hochul joined state officials...
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Governor Cuomo Announces 30 Organizations to Receive Low-Cost Power That Will Lead to 230 New Jobs

Governor Andrew M. Cuomo announced today that the New York Power Authority Board of Trustees has approved low-cost power allocations to 30 organizations under the ReCharge NY program that will support 1,362 jobs, including 230 new positions. "The low-cost power made available through ReCharge NY has helped businesses grow, thrive, and create jobs in the Empire State," Governor Cuomo said. "By reducing the burden of energy costs for businesses, this program has stimulated job creation and spurred new capital investments...
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Governor Cuomo Announces Contract Award for Environmental Consultant for LIRR Expansion Project

LIRR Begins Environmental Review, Formal Community Engagement Process for 9.8-mile Project Governor Andrew M. Cuomo today announced the hiring of a consulting firm to assist in the environmental review and formal community engagement process for the LIRR Main Line Expansion Project, which calls for adding a third track along a critical 9.8-mile section of LIRR’s Main Line between Floral Park and Hicksville Stations. The addition of the third track will increase capacity while allowing trains to pass disabled equipment and avoid...