SOLAR MAKING IT BIG IN NY, NY

The Big Apple takes a bite out of solar energy

Brad Quick, 3 January 2015 (CNBC)

“… Dan Neiditch, president of River 2 River Realty which operates the Atelier, had [solar] panels installed in 2011…[that generate] about 5 percent of the building's energy, subsequently cutting utility costs by roughly $40,000 a year…More solar projects are popping up across the Empire State, with sun technology increasingly dotting the skyscrapers and buildings of New York's urban landscape…Spurred by cheaper solar technology and incentives introduced under former Mayor Michael Bloomberg beginning in 2008, New York City is experiencing a solar renaissance…

“The Big Apple has a solar capacity of over 30 megawatts…up from about 10 megawatts just four years ago…[L]ast year, New York Governor Andrew Cuomo announced plans to invest more than $1 billion in solar projects, with the hopes of increasing the state's solar power by 10-fold by 2023…Neiditch plans to make even bigger bets on solar…[to get another 10 percent of the building’s energy and] about $120,000 in savings per year…Neiditch says he's using energy savings to reinvest in the Atelier building…” click here for more

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