SolarBank to develop 4.584 MW Foresthill solar project in New York

A 4.584 MW solar project in Foresthill, New York was announced by SolarBank, targeting NYSERDA, VDER incentives, and full subscription via Solar Simplified.

By Nandini Yelabaka 24 Apr 2025 in Project Bytes

New Update

The Foresthill project has aimed to serve renters and homeowners who lack access to rooftop solar by offering shared energy credits. Image Source: Pixabay

SolarBank, headquarted in Canada, has announced the development of a 4.584 MW DC ground-mount solar project in Foresthill, upstate New York, as part of its growing community solar pipeline. The project has secured a site lease and is undergoing an interconnection study. It is expected to qualify for NYSERDA’s NY-Sun Program with one-time incentives of up to $0.345/W DC and participate in the VDER compensation mechanism, with year-one rates projected at $0.0971/kWh. Once operational, it will deliver clean energy to the grid and enable bill savings for local subscribers without requiring rooftop installations. Solar Simplified will manage subscriber acquisition, enrollment, and billing, supporting full utilization from the outset. Pending successful permitting and financing, the project will contribute to SolarBank’s 1 GW+ development pipeline.

#NewYork #CommunitySolar #Foresthill #SolarBank

Advertisment {'id': '680a6e078bdf3c34edcd4f5d', 'source_name': 'SolarBankCorporation', 'source_link': 'https://solarbankcorp.com/4-584-mw-forest-hill-rd-solar-project-in-development-by-solarbank-in-new-york/', 'contact_name': 'Tracy Zheng ', 'contact_email': '[email protected]'}

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