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OYA Renewables Secures $216 Million For New York Community Solar Pipe
as several as 15 community solar advancement projects throughout the state of New York. This is expected to give a fresh press to community based solar energy in the
Mar 2, 2023 // Markets & Finance News, Solar Energy, Renewable Energy, Community Solar, OYA Renewables, Manish Nayar, 100 MWdc, Amalgamated Bank, Brent Barringer, Cadence Bank, Comerica Bank, Monarch Private Capital, New York community solar, Siemens Financial Services, tax equity investment
ConnectGen's 270-MW New York solar project gets final permit approval
storage space component situated in the Town of Ripley in Chautauqua County, New York City, which will certainly offer substantial long-lasting benefits to the town
Apr 25, 2023 // Plants, USA, North America, ConnectGen, South Ripley Solar Project
DSD concludes 6.8-MW community solar portfolio in New york city
as a collaboration in between The City of White Plains, DSD as well as the New York City Power Authority (NYPA), which acted as the city's power advisor.
The
Jul 8, 2022 // Markets & Finance News, USA, North America, DSD
T-Mobile purchases 17 MW of community solar in New York
to regional communities."
The projects, which complete 17MW, are located in New York, in the towns of Richland (2.63 MW), Aldrich (6.95 MW) and also Silver Creek
Jan 26, 2022 // Markets & Finance News, DSD Renewables, T-Mobile, Eric Pollock, Chad Wilkerson
Generate, Starbucks companion on 90 MW of area solar in New York
over 119,885 MWh of power a year as well as supply Starbucks stores in New York city and also up to 24,000 regional residences, businesses, non-profit
May 13, 2021 // Plants, Large-Scale, Commercial, USA, North America, solar projects, Generate Capital Inc
Standard Solar installs New York's largest community solar + storage project
the future of our world."
The system will aid National Grid fulfill its New York city Clean Energy Standard needs to produce 70% of the state's electrical
Aug 10, 2021 // Plants, Standard Solar, Daryl Pilon, Solar Project
Hecate Energy files application to build biggest solar project ever in New york city State
the Cider Solar Farm would be the biggest solar project ever integrated in New York State.
The $500-plus million-dollar personal facilities financial investment
Jun 9, 2021 // Plants, Large-Scale, Commercial, USA, North America, hecate energy, Solar Project, Harrison Luna, Donna Hynes
New york city's financial alleviation strategy to back 'quick change to tidy renewable resource'
New York city, led by Governor Andrew Cuomo, currently had actually mandated enthusiastic objectives for the button to reduced and also eco-friendly carbon power resources, consisting of a 3GW target for power storage space release by 2030. Recently passed regulation will certainly "assist boost the state's financial healing from the COVID-19 health and wellness dilemma," along with stepping up the battle versus environment adjustment.
New York City State Energy Research as well as Development Authority (NYSERDA) emailed PV Tech as well as sis website Energy-Storage. information over the weekend break with the news. NYSERDA is among the general public companies passing the brand-new regulations, which will certainly aid accelerate the allowing of large eco-friendly and also tidy power projects (specified as larger than 25MW, or in between 20MW to 25MW), along with the growth of projects in locations such as land fills and also deserted or underused websites.
The brand-new regulations will certainly likewise make provisions to guarantee that neighborhood areas as well as areas holding these low-carbon power projects will certainly delight in the best feasible advantage which the very best feasible critical areas are picked. This will certainly consist of a focus on preparing the siting of projects to increase the performance with which renewable resource can be incorporated right into the regional transmission and also circulation grids. It additionally suggests, consequently, that the build-out of transmission as well as circulation grid facilities will certainly obtain increased allowing, while a "bulk transmission financial investment program" will certainly additionally be produced.
The boating of expenses is called the Accelerated Renewable Energy Growth and also Community Benefit Act as well as will certainly be passed by NYSERDA together with the NY State Department of State, its Department of Public Service, its Department of Environmental Conservation, the New York Power Authority (NYPA) and also Empire State Development Corporation.
"While Governor Cuomo as well as the State job relentlessly to beat COVID-19, we should remain to progress and also face our environment dilemma in order to secure New Yorkers from the hazardous repercussions of a transforming environment," stated Alicia Barton, head of state and also CEO of NYSERDA.
"This brand-new regulation will certainly sustain a fast change to tidy renewable resource resources and also guarantee that our substantial pipe of massive renewable resource projects can be properly allowed, reinforce the state's economic climate, as well as provide health and wellness, ecological, and also financial advantages to all New Yorkers," Barton included.
NYSERDA stated that the regulations modernises the allowing procedure for power projects - a procedure that was developed for the age of fossil fuel-powered centralised generation. The reactivate of building of eco-friendly power projects will certainly be a vital part of "obtaining the economic climate back on course after the getting rid of the COVID-19 dilemma," the firm's news release stated.
Apr 6, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Grids, USA, New York, North America, energy transition, covid-19, legislation, permitting, large-scale renewables, community benefit, clean energy targets, economic stimulus, employment, labour
New York Grants Final Permit for 125-MW Solar Project
New York state regulators have granted a final siting permit for a 125-MW solar project in Niagara County, marking a significant milestone as it is the first renewable energy facility to be approved on repurposed industrial land. The project, spearheaded by AES Corp, will be built on a site that once housed a coal-fired power station and includes parts of a landfill.The Somerset Solar park is projected to generate enough electricity to power 25,000 homes annually and will help reduce carbon dioxide emissions by over 177,000 tonnes. Construction is expected to take 18 months and create more than 200 jobs. This project is the 19th large-scale renewable energy initiative approved by the Office of Renewable Energy Siting since 2021.
What are the environmental and economic impacts of New York's new solar project?
Environmental and Economic Impacts of New York's Solar Project
Environmental Impacts:
Reduction in Greenhouse Gas Emissions: By generating renewable energy, the project is expected to significantly lower carbon dioxide emissions, contributing to climate change mitigation efforts.
Land Reclamation: Utilizing repurposed industrial land helps to restore ecosystems and mitigate habitat destruction typically associated with new developments on greenfields.
Biodiversity Benefits: Solar installations on previously disturbed lands may improve conditions for local fauna by providing fewer disturbances compared to the former industrial activities.
Water Usage and Pollution: Solar power generation typically requires minimal water, reducing the strain on local water resources and minimizing the risk of pollution associated with conventional energy generation methods.
Solar Panel Recycling Initiatives: The project may bolster the recycling industry for solar panels, promoting sustainable practices and reducing landfill waste at the end of the panels' lifecycle.
Economic Impacts:
Job Creation: The construction phase is set to create over 200 jobs, stimulating the local economy and providing opportunities for workforce development in renewable energy industries.
Long-Term Employment Opportunities: Once operational, the solar project may offer permanent job roles in maintenance, monitoring, and administration.
Local Business Support: The influx of workers and contractors during the construction phase can enhance revenues for local businesses, including restaurants, hotels, and retail shops.
Increased Tax Revenue: Local governments can benefit from increased tax revenues from the solar facility, which can be reinvested into community services and infrastructure improvements.
Energy Cost Stability: By diversifying energy sources and increasing the share of renewables, the project can contribute to stabilizing or potentially lowering energy costs for consumers over the long term.
Encouragement of Further Investment: The success of this project could lead to increased interest from investors in similar renewable energy initiatives, fostering growth in the sector and attracting more businesses focused on sustainability.
These combined environmental and economic impacts reinforce New York's commitment to transitioning towards a cleaner energy future while also providing significant local benefits.
Dec 30, 2024 // Plants, Large-Scale, Commercial, USA, New York, North America, PV Power Plant
C2 Energy Capital mounts two neighborhood solar projects in New york city
co-founder and also managing participant of C2 Energy Capital. "We compliment New York city State and also NYSERDA for the national management duty they've taken to
May 27, 2020 // Plants, Large-Scale, Commercial, USA, New York, North America, Alicia Barton, solar projects, C2 Energy Capital, Candice Michalowicz
Sol Systems to mount 5-MW solar project for New York town's water authority
clean, sustainable power to offset its power expenses and additionally assist New York city State attain its tidy energy targets including creating 70% of its power
Jun 18, 2021 // Plants, USA, North America, sol systems, Gil C. Quiniones, MCWA, Nicholas Noce, William Graves
JPMorgan Chase as well as Brookfield Renewable Launch Collaboration to Power Over 500 Offices as well as Branches in New York with 100 Percent Renewable Electricity
of this contract, 90 percent of the financial institution's procedures in New York State, varying from Rochester to Brooklyn, will depend on these facilities to
Oct 28, 2020 // Markets & Finance News, USA, North America, JPMorgan, Renewable Electricity, Brookfield Renewable, Mitch Davidson, Michael Norton
NextEnergy Capital proceeds financial investment charge with New york city area solar profile acquisition
within 18 months as well as contains several websites situated in the state of New York.
NEC will certainly utilize equity from the institutional fund to fund the
Apr 3, 2020 // Markets & Finance News, USA, New York, ssfusa, investment, North America, nextenergy capital, Community Solar, Lorena Ciciriello
OYA Renewables community solar projects benefit underserved New Yorkers
enrolled in its Energy Affordability Program (EAP). Spearheaded by the New York Energy Research and Development Authority (NYSERDA), in partnership with
Jan 26, 2023 // Plants, USA, North America, PV Power Plant, OYA Renewables
Panasonic puts on hold operate at Tesla's Nevada fab as carmaker's California as well as New York gigafactories time out
"after years of battling to increase outcome at the Gigafactory 2 in upstate New York".
Lockdown
While Tesla's Musk has actually hesitated to put on hold
Mar 23, 2020 // Manufacturing News, Markets & Finance News, Storage, California, USA, New York, TESLA, Elon Musk, China, Nevada, Panasonic, Asia, North America