NY State Funds Morgan Stanley Fuel Cell Installation in its Manhattan offices
author Added by FuelCellsWorks, September 29, 2015

Governor Cuomo announced $175 million in awards for five large-scale clean energy projects that will help the State meet its Reforming the Energy Vision goals to increase the amount of electricity generation from renewable energy sources. The projects will reduce greenhouse gas emissions and improve the resiliency of New York’s electric grid and energy infrastructure while decreasing the state’s reliance on fossil fuels leading to a cleaner, healthier environment.

The announcement is in recognition of Climate Week, which Governor Cuomo proclaimed from September 22-29 to raise awareness about the challenges we face with a changing climate and to highlight New York’s efforts to increase resiliency and curb emissions as global leaders meet in New York City this week.

“Climate Week is a reminder that we must continue our investment to create a sustainable energy future for New York State,” Governor Cuomo said. “Through these projects, we are developing a world-class technology infrastructure while using the renewable energy necessary to reduce our carbon footprint and create a greener New York.”

Once operational, the five projects will add approximately 116 megawatts (MW) of new renewable capacity, which will provide about 356,000 megawatt-hours per year of clean renewable energy to New York – enough energy to supply over 54,000 average-sized homes per year.

Morgan Stanley Headquarters, New York City: Morgan Stanley will install a 790 kilowatt (kW) fuel cell in its Manhattan offices, where the technology’s low-emissions generation will contribute to load reduction, system reliability and cleaner electric power.