Albany, NY (WENY) – Governor Cuomo announced more than 520 new jobs will be created statewide in latest round of ReCharge New York Power Allocations.

ReCharge NY is administered by the New York Power Authority and supports new and existing partnerships with qualifying businesses and non-profit organizations with low-cost power, in exchange for commitments to retain or create jobs statewide.

Right here in the Southern Tier, 60 jobs will be retained with 46 new jobs created.

These partnerships are expected to result in capital investments of more than 400 million dollars throughout New York

Tuesday, the NYPA Board of Trustees approved 14 megawatts of low-cost ReCharge NY power to 28 enterprises around the state. With Tuesday's allocations, Recharge currently provides more than 760 megawatts of power to 770 businesses and nonprofit organizations in support of the creation and retention of jobs across the state.

"Clean energy is our future, and New York is committed to supporting this industry in a way that not only combats climate change but also creates jobs and spurs economic growth throughout the state," Governor Cuomo said. "Through innovative programs like ReCharge NY, New York can and will continue to lead the nation in clean energy initiatives that protect our environment and boost our regional economies."