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May 01,2025

NYSERDA secures US$775 Million funding for Residential & Retail Energy Storage

The New York State Energy Research & Development Authority (NYSERDA) has launched a US$775 Million program to incentivize Residential & Retail Energy Storage projects in US. According to this programs NYSERDA has divided funds into parts, first US$675 million will be accommodated for Retail & second US$100 million will be accommodated for the Residential Purpose.

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