Empire State drops $260M on energy storage – sets target of 1500MW new volume installed by 2025

On January 3rd, New York governor Andrew Cuomo delivered a state energy storage target of 1500MW via the private market by 2025 and has put up $260 million in state money to help drive the investment.
In the annual “State of the State” address, varying proposals – from combating MS-13, to cleaning up the Hudson River, to expanding clean energy jobs – were delivered to start the new year. The energy storage target delivered seems to be an extension or culmination of prior state legislation requiring targets be set.