The utility plans to install stronger power lines and cut nearby trees in areas outside of Manhattan, including the installation of 30 miles of new overhead lines.

WSJ: ConEd Storm Plan to Cost $1 Billion

The SunShot initiative focuses on bringing down costs by pursuing innovations in four particular areas, including solar cell technology, power electronics that optimize the performance of installations, improvements in manufacturing processes, and installation and system design.

FORBES: Solyndra's Failure Is No Reason To Abandon Federal Energy Innovation Policy