The Governor called for a major expansion of his NY-Sun Initiative. The original NY-Sun, announced by the Governor at last year’s State of the State, called for doubling solar installations in 2012 and quadrupling in 2013. However, that program was too small and too intermittent–while helpful, it fell short of accomplishing the job of market transformation.
This year, the Governor announced a long-term commitment to NY-Sun, expanding the program into a 10 year, $150 million/year program. If we’re doing our math right…that’s a billion and a half dollars to develop a world-class solar industry and unleash the many benefits that solar energy delivers.
Here’s the money quote from the Governor’s speech (full text found here).