New York moves toward renewables

Jan. 19, 2005
New York has awarded a $1 million grant to DayStar Technologies Inc. to scale up facilities for the commercial manufacture of low cost solar cells for consumers in the state.

By OGJ editors

HOUSTON, Jan. 19 -- New York has awarded a $1 million grant to DayStar Technologies Inc. to scale up facilities for the commercial manufacture of low cost solar cells for consumers in the state.

The legislature last fall mandated that by 2013 at least 25% of the electric power sold in New York be generated from renewable fuel.

The Renewable Portfolio Standard Program legislation, strongly supported by Republican Gov. George E. Pataki and passed on Sept. 24, 2004, requires development of renewables from solar, wind, and geothermal sources.

The New York State Energy Research and Development Authority awarded the grant, which will be paid in phases as production milestones are met at DayStar's Half Moon, NY, manufacturing facility and at a new facility to be built at the Saratoga Technology & Energy Park.