NYSERDA announces new funding programs

The New York State Energy Research and Development Authority (NYSERDA) is launching new investment programs aimed at the clean-energy industry.

The Environmentally Preferred Power Systems Technologies Program seeks to invest up to $6 million to help develop and commercialize renewable power technologies around New York. That includes everything from fuel cells and solar panels to wind turbines and hydropower.

Available funding per project ranges from $200,000 to $1 million.

The Innovation in the Manufacturing of Clean Energy Technologies Program seeks to invest up to $2.5 million to help companies use innovative approaches in manufacturing wind turbines, solar cells, light emitting diodes, high-efficiency boilers, and more. Companies can receive up to $100,000 toward developing feasibility studies for new production techniques or up to $400,000 for field demonstrations or commercialization projects.

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