$6.8 million solar farm recommended in Hanover

• A virtually $7 million solar farm has actually been proposed for the town of Hanover.

During a conference this week of the Chautauqua County Industrial Development Agency, board participants offered primary step approval for a 5 megawatt solar farm at 1317 Routes 5 & 20, Silver Creek. The solar panels would certainly be positioned on 33 acres of a 45-acre parcel.

Jon Rappe, chief executive officer of Hanover PV, LLC and also with the moms and dad business RIC Energy, discussed the project with IDA board members Tuesday over Zoom.

The solar farm would be put on residential property owned by Steve Valvo, that would lease the land to the firm. The project is anticipated to set you back $6,895,000 to build.

The firm is looking for real property tax abatement, sales tax abatement as well as mortgage tax reduction.

A virtually $7 million solar farm has been proposed for the community of Hanover.

Throughout a meeting today of the Chautauqua County Industrial Development Agency, board members gave primary step approval for a 5 megawatt solar farm at 1317 Routes 5 & 20, Silver Creek. The solar panels would be positioned on 33 acres of a 45-acre parcel.

Jon Rappe, chief executive officer of Hanover PV, LLC as well as additionally with the moms and dad business RIC Energy, reviewed the project with IDA board participants Tuesday over Zoom.

The solar farm would be positioned on residential property owned by Steve Valvo, that would certainly rent the land to the business. The project is anticipated to set you back $6,895,000 to construct.

The business is seeking real estate tax reduction, sales tax obligation abatement and also home loan tax reduction.

The project is expected to produce 30 building and construction jobs as well as one half-time placement for maintenance. It would certainly take around three to 4 months to develop.

According to an impact analysis research, this project would produce a 1-to-1 expense to profit ratio.

Rappe said their objective is to sell energy to NYSEG, which has a nearby line as well as substation.

He added that the development would certainly be held up 500 feet from the roadway, which is the town regulation and likewise what the land owner asked for, so he might possibly rent out the front for a higher use project.

Rappe was asked if he was open to doing comparable projects in the region, which he replied he was. "In truth, yes, we have numerous projects that are in growth in Chautauqua County. ... I anticipate to be speaking with you usually over the following year, with any luck," he claimed.

Richard Dixon, chief financial officer for the IDA responded saying, "excellent!".

When the time concerned elect, board members were told this was an initial resolution which licenses the project to move on.

The board elected 5-1 in favor of the project. Board member Mark Odell, that is also a Republican county lawmaker from Brocton, elected no.

In July, Odell voted against the recommended Ripley solar project, which is a 20 megawatt project as well as would set you back around $348 million to create.

Reached after Tuesday's conference, Odell claimed he has concerns about the Hanover project, similar to the ones he has in Ripley.

" This isn't the climate, in my viewpoint, to be doing these sort of investments," he said. "We need to be placing cash towards infrastructure and also enhancements that profit everyone.".

Odell thinks these solar projects are as well greatly subsidized and he is worried about the place, although he was happy to hear it would certainly be held up 500 feet from the roadway.

Odell said he does sustain smaller sized solar projects, like the 2 megawatt project for Portland. That project, he noted, will certainly be placed on a dead end road as well as will certainly not be visible to the general public.

Mark Geise, area IDA executive supervisor, claimed the project will certainly go back to the board in the coming months and also eventually the board will certainly need to hold a public hearing prior to final authorization can be provided.