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New York just took a landmark step toward publicly owned renewable energy - Crain's New York Business

Crain's New York Business · last updated

New York just took a landmark step toward publicly owned renewable energy | Crain's New York Business

New York has passed legislation, after four years of debate, that will allow the state to develop and operate green energy production.

The Build Public Renewables Act represents a massive challenge to private utility developers and could position the state as a leader in embracing publicly owned renewable power.

Related Knowledge Center: ENERGY BASICS: solar

State of Play

Declining costs and government encouragement have resulted in a rapid increase in solar energy production in the United States over the past 10 years, although solar’s share remains small: 1.6 percent of all electricity generation in 2018. That rapid growth is projected to continue.

More informationabout ENERGY BASICS: solar