The project received a 20% investment tax credit for selling its electricity to low-income communities, according to developer, Renewable America.
The funding comes from NY Green Bank, which is requiring that a significant percentage of solar project subscribers benefit disadvantaged communities.
Energy Future Grants Program is open to applications for local, tribal and state governments seeking to partner on clean energy projects in building, power and transportation sectors.
At the ACORE Finance Forum, investors said a key challenge that statewide community solar programs do not yet address is how to unlock the opportunity of hundreds of thousands of building rooftops for solar development and bringing access to residents who rent their apartment.
The 10 MWac project is among the largest Disadvantaged Community Solar projects in California and includes a Grid Alternatives training program to prepare local community members for careers in solar installation.
The Treasury, Department of Energy and Internal Revenue Service provide details on the Qualifying Advanced Energy Project Credit program that makes available $10 billion in tax credits for energy communities.
Two papers from Lawrence Berkeley Lab and U.S. Department of Energy provide frameworks and real-world insight for integrating energy justice into policy and research.
The five projects, to be built by Renewable Properties, will fulfill the remaining capacity of PG&E’s Disadvantaged Communities Green Tariff program.
Vote Solar, the New York Energy Democracy Alliance, and Alliance for a Green Economy support aspects of New York’s CLCPA, but are asking the PSC to do more for New York’s disadvantaged communities.
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