Novis starts up New York solar trio

Apr 19, 2022 04:27 PM ET
  • North Eagle Village, Green Lakes and also Judd Rd projects are all 7.5 MW apiece
Novis starts up New York solar trio
Image: Novis Renewables

Falck Renewables' as well as Eni's US collaboration Novis Renewables has actually brought on the internet 22MW of solar capacity in New York, following conclusion of numerous projects.

Novis Renewables' North Eagle Village (Manlius), Green Lakes (Manlius), and Judd Rd (Whitestown) ground mounted plants each have a set up capacity of 7.5 MW.

All projects have been conceived with a "strong community involvement approach".

For the initial 25 years of operation, revenues from the 3 projects will be generated and also acquired via the VDER community solar programme, which permits commercial and also residential subscribers to make use of costs credits created by the project.

These expense credits are allocated towards subscribers' electrical power bill, typically reducing monthly electrical power costs by around 10%.

Along with earnings produced from the VDER program, North Eagle Village, Green Lakes, and Judd Rd will certainly additionally obtain cash rewards from 2 NYSERDA programmes (NY-Sun and Community Credit).

At the end of the 25-year VDER scheme, all projects will earn revenue via merchant sale of power, capacity as well as Renewable Energy Certificates.


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