Renewables
The Challenge
Greenhouse gas emissions of local energy suppliers are contributing to climate change and are threatening New York state with greater occurrence of extreme weather events.
The Initiative
New York’s Clean Energy Standard, introduced in 2016, has a long-term objective requiring 50% of the state’s electricity to be generated from renewable energy sources by 2030, enforcing the usage of renewable energy credits by utilities and other energy suppliers and supporting increased reliance on solar and wind power tech.
Israel is home to more than 270 companies operating in smart or renewable energy.
Israel is home to more than 270 companies operating in smart or renewable energy, only a small fraction of which has a current presence in New York.
Brightsource Energy, for example, is a California-based Israeli company that built the world’s largest solar power facility with a planned energy output equaling 940 GWh – nearly 3% of NY state’s current renewable energy production.
See More: NY-Israel Economic Impact Report