Funding is to be administered from NYSERDA’s commercial and residential programmes respectively, with the initiative also supporting – and supported by – utility PSEG-LI. Customers in Long Island, New York, that install commercial energy storage systems of up to 5MW and residential solar-plus-storage will be eligible for incentive payments of US$250 per kWh of storage […]
Long Island charged up with $55m energy storage investment
The projects will support New York’s target of deploying 3,000MW of energy storage capacity by 2030 An investment totalling $55 million (£43.7m) has been announced for residential and commercial energy storage projects on Long Island. The programme is expected to help accelerate progress towards achieving New York’s target of deploying 3,000MW of energy storage capacity […]