SolarBank Corporation is set to develop a 7.2 MW community solar project in Manlius, New York, which will provide renewable energy to approximately 1,200 homes. With an estimated total cost of $18 million, the project will utilize high-efficiency solar panels and advanced inverters to maximize energy output.
SolarBank’s Community Solar Project in New York
SolarBank Corporation, a prominent renewable energy developer, has announced plans to develop a 7.2 MW community solar project in Manlius, New York. This initiative is part of the company’s broader strategy to expand its renewable energy portfolio and address the growing demand for clean energy in the region.
The project, located on a 40-acre site, will generate enough electricity to power approximately 1,200 homes. The estimated total cost of the project is $18 million, with construction expected to begin in the second quarter of 2024 and completion targeted for early 2025.
The Manlius project is part of New York’s wider efforts to achieve its clean energy goals. The state aims to generate 70% of its electricity from renewable sources by 2030, and community solar projects like this one play a crucial role in reaching that target. The New York State Energy Research and Development Authority (NYSERDA) supports these initiatives, offering incentives and grants to aid development.
The Manlius project will utilize high-efficiency solar panels and advanced inverters to maximize energy output. The system is designed to optimize energy production throughout the year, even during periods of lower sunlight. The project will also incorporate a battery storage system, enabling the storage of excess energy during peak production times for use during periods of high demand.
Environmental and Economic Impact of the Solar Project in New York
The Manlius community solar project is expected to provide significant environmental benefits by reducing greenhouse gas emissions. By generating clean energy, the project will help offset the equivalent of 7,500 metric tons of carbon dioxide annually. This reduction is comparable to removing 1,600 cars from the road each year.
In addition to the environmental benefits, the project will provide economic opportunities for the local community. During construction, the project is expected to create approximately 50 jobs, including positions in engineering, construction, and project management. Once operational, the project will provide ongoing maintenance and operational support, creating additional long-term employment opportunities.
Expanding Renewable Energy Access Through the Solar Project in New York
One of the key advantages of community solar projects is their ability to expand access to renewable energy for residents who may not have the means to install solar panels on their own properties. In the case of the Manlius project, residents and businesses in the area will have the opportunity to subscribe to the solar farm and receive credits on their utility bills for the energy generated.
This subscription model makes it easier for individuals and businesses to participate in the clean energy transition without the upfront costs associated with installing solar panels. It also allows renters and those with shaded or unsuitable rooftops to benefit from solar energy.
SolarBank Corporation is actively seeking subscribers for the Manlius project, with a focus on reaching low- to moderate-income households. The company plans to work with local organizations and community leaders to ensure that the benefits of the project are accessible to a diverse range of residents.
Advancing Solar Projects in New York for a Sustainable Future
The Manlius community solar project is one of several initiatives SolarBank is undertaking in New York. The company recently completed a 5 MW community solar project in the nearby town of Clay and has plans for additional projects in the pipeline.
SolarBank’s commitment to developing community solar projects aligns with New York’s ambitious clean energy goals. The state has set a target of achieving net-zero greenhouse gas emissions by 2050, and community solar projects are a key component of the strategy to reach that goal.
The Manlius project is a testament to the growing demand for renewable energy in New York and the role that community solar projects can play in meeting that demand. By providing clean energy to residents and businesses, the project will help reduce greenhouse gas emissions, create jobs, and expand access to renewable energy.
Learn more about SolarBank’s community solar initiatives and their impact on New York.
SolarBank Corporation’s commitment to developing community solar projects is a positive step toward achieving New York’s clean energy goals. The Manlius project is just one example of how renewable energy can benefit communities and contribute to a more sustainable future.