DSD Renewables buys the sun
DSD Renewables—formerly Distributed Solar Development—has a business model that looks for small, regional companies that have developed solar power production facilities, works with them to build it out and then buys them from the company, leaving the smaller, target company with a profit, the Albany Business Journal is reporting. The company, which is fully owned by the investment firm BlackRock Real Assets is using $535 million in financing it procured this year, the story says. DSD has built about 80 projects with 15 in development.
St. Rose found at fault in lawsuit
The College of Saint Rose in Albany has lost a lawsuit brought by four, tenured music department professors who said their positions were terminated improperly and intentionally to reduce costs, the Albany Business Journal is reporting. The judge forced the school to reinstate the faculty in their positions.
NYS Regional EDC supports infrastructure
The state has awarded Saratoga and Washington counties more than $9.7 million for community projects, the Post-Star is reporting. The state’s Regional Economic Development Council initiative gave the money to cover a number of infrastructure projects. Trail creation and maintenance, water treatment plant upgrades, and various revitalization initiatives won funding, the story says.
Hochul at Crossgates: Get boosted, then see family
Think about the most vulnerable person at the holiday dinner table and get a booster shot for them, Gov. Kathy Hochul told people at a makeshift vaccination center at Crossgates Mall, the Times Union is reporting. Then go to dinner with that person. According to the story, the governor told people they should still get together, but get boosted and wear a mask.
NYS lawmakers may actually give a dam
The Times Union also has the story that New York State lawmakers may schedule hearings to fund dam safety after the TU reported on the poor conditions of dams, and bad reporting of those conditions, around the state. Their coverage “found 147 large and potentially dangerous dams in New York are in ‘unsound’ condition, while thousands of others haven't been inspected in 20 years or more.” In the wake of the story, lawmakers are looking to act before a flood occurs.