New York Solar Projects to Get $46 Million in State Funding

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The New York State Energy Research and Development Authority, which administers incentive programs for solar energy, is awarding $46 million to 76 projects in the state.

The funds will be paired with $100 million in private financing to support projects totaling 52 megawatts of capacity, the authority said today in a statementBloomberg Terminal on its website. Units of Exelon Corp., MEMC Electronic Materials Inc. and SolarCity Corp. were among the 28 recipients.