Despite changing energy priorities in Washington, D.C., NYC’s solar marketplace will continue to thrive: Good news for industry and consumers.
The funds will support a 674 MW solar project developed by Hecate Energy.
The New York City-based developer of urban, “community-scale” battery energy storage systems has landed a $65 million finance package from lenders led by First Citizens Bank.
Renewable energy credits procured by Tribal-owned Seneca Environmental and retired on behalf of Pinterest will be used to offset home electricity use for work-from-home employees.
The $49.5 million sale will include four community solar projects that total 25.58 MW.
Also on the rise: Rural electric co-ops receive $4.37 billion in clean energy funding. NY utility approves battery storage project on shuttered nuclear site. And more.
Long Island Power Authority gives the nod to developer, enabling it to pursue final local approval for 79 MW and 50 MW facilities.
Morris Ridge Solar is expected to generate enough energy to meet more than 47,000 New York households’ energy needs.
The 31 community solar projects will be in Maine, Massachusetts, New York, Illinois, and Minnesota.
Two 6.5 MW projects located on the Fort Johnson U.S. Army installation are underway, and a new 5 MW community solar project in New York is complete.
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