Canada-based SolarBank Corporation plans to develop a 7 MW DC solar project on a 23-acre closed landfill in Clay, New York. The Oak Orchard project aims to repurpose the site and qualify for New York State’s NY-Sun incentives. SolarBank has secured the lease and is seeking interconnection approval. According to SolarBank, the project will serve as a community solar initiative, enabling households to receive energy credits without installing their own panels. However, the project’s success depends on securing necessary permits, third-party financing, and favorable government policies. As per SolarBank, these factors could significantly impact the project’s viability.
SolarBank to develop community solar in Clay, NY
SolarBank’s solar initiative is expected to qualify for NY-Sun Program incentives in New York. (Image Credit: SolarBank)
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)