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New York Power Authority announces first fully owned solar project

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Governor Kathy Hochul has introduced that the New York Energy Authority (NYPA) acquired full possession of a 20-MW photo voltaic vitality technology mission within the city of Fort Edward in Washington County. The Somers Photo voltaic mission is the primary to be acquired, owned and operated by the Energy Authority below its expanded authority — signed into law by the Governor in 2023 – and is the primary of NYPA’s preliminary tranche of tasks highlighted in its renewables strategic plan, which was introduced earlier this 12 months and requires 3 GW of potential renewable vitality development in New York State.

“With the acquisition of the Somers Photo voltaic mission, NYPA is taking a big step ahead in its dedication to broaden renewable vitality assets in New York State,” mentioned Gov. Hochul. “The mission displays New York’s efforts to create a greener, extra resilient vitality system that advantages all New Yorkers, and demonstrates our give attention to driving financial development in native communities whereas creating good-paying union jobs.”

The Energy Authority, by its wholly-owned subsidiary the New York Renewable Power Growth Holdings Company (NYRED), will assemble and function the 20-MW photo voltaic technology mission on a 150-acre website about 50 miles north of Albany within the Capital Area. The massive-scale photo voltaic mission is estimated to create greater than 100 union jobs throughout building and operation.

The NYPA Renewables Strategic Plan is a roadmap for NYPA’s renewable vitality growth below its expanded authority to construct extra renewable vitality assets to help the State’s clear vitality transition. Beforehand below growth by Edison, New Jersey-based CS Power, the Energy Authority’s acquisition of Somers Photo voltaic will allow the unique developer to reinvest their assets into future renewable mission developments.

“NYPA’s acquisition of this large-scale photo voltaic mission is the primary of its form below its expanded authority to construct renewables. NYPA’s possession will guarantee reasonably priced vitality for New Yorkers whereas creating good paying union jobs and serving to us attain our formidable local weather objectives,” mentioned Assemblymember Didi Barrett.

Information merchandise from NYPA

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