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Message: Old news but still nice to see article

https://www.governor.ny.gov/news/governor-hochul-announces-economic-development-awards-support-more-3700-jobs-and-significant

Key paragraph:

The NYPA Board of Trustees today approved a more than 1.5-MW low-cost hydropower allocation to Jamestown under the Power Authority's Industrial Economic Development program.

Electrovaya, a developer and manufacturer of portable lithium-ion batteries, is planning a 135,000 square-foot expansion project in Jamestown to operate lithium-ion cell manufacturing and battery module assembly equipment. The hydropower allocation approved at today's board meeting will support this expansion, spurring approximately $40 million in capital investments and creating 100 green jobs in the region.

 

 

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