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New York's Nation-Leading Commitment to Clean Energy
New York’s commitment to clean tech and renewable energy is driving tech manufacturing and reinvigorating the state’s economy – while establishing New York State as a business destination for industry innovators looking to access one of the world’s largest markets.
New York State is committed to a cleaner, greener energy future—leading the U.S. in wind- and clean-technology patents, renewable energy resources, the development of new energy storage products and systems, and biofuel manufacturing and production. To meet a goal of 100% zero-emission electricity by 2040, the state is targeting offshore wind, increased energy storage and greater energy efficiency. This supplements New York’s ongoing efforts to develop and deploy solar, wind, geothermal and other renewable products and systems via established university-industry collaborations and state initiatives supported by the state’s Clean Energy Fund and Green Bank.
New York State is an offshore wind hub, building the nation’s largest offshore wind pipeline with projects targeting a goal of 9,000 megawatts of offshore wind by 2035. A $500 million investment in offshore wind ports, manufacturing and infrastructure will deliver clean energy benefits—from jobs and economic development to savings for consumers.
Since 2011, solar in New York has increased more than 1,500 percent and leveraged nearly $3.5 billion in private investments. These investments have supported nearly 12,000 people engaged in solar jobs across state.
Clean energy solutions are being developed throughout the state, including on Long Island – home to Stony Brook University’s Advanced Energy Center (AERTC) and the Brookhaven National Labs – and at the Division of Science, Technology and Innovation’s (NYSTAR) Centers of Excellence and Centers for Advanced Technology, which advance technology and commercialization and encourage industry-university collaborations in developing and applying new technologies.
Energy storage systems are playing a crucial role in New York State’s clean energy future – more than $350 million in incentives have been authorized to accelerate their adoption. New technologies and innovative hubs are being established throughout the state. Companies including Li-Cycle and Plug Power are developing innovative lithium-ion battery and green hydrogen fuel production facilities in New York State.
Cleantech and Renewable Energy in New York State
Discover why New York State is the ideal place to launch or expand your business.
$3 Billion
In refundable Excelsior Jobs Program Tax Credits, enhanced for green projects
0%
Corporate Income tax rate for qualified manufacturers
171K
Clean energy jobs in New York State in 2022 (NYSERDA)
Tools for Business Growth in New York State
Excelsior Jobs Program
FAST NY Shovel-Ready Grant Program
Innovation Development Support
Strategic Workforce Development
Other Support for Clean Tech and Renewable Energy Companies
Industry Contact
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