A new community solar project in New York may receive funding thanks to the Genesee County Economic Development Center (GCEDC). The Board of Directors recently announced future deliberations over a new project that would generate 4-megawatts of power. Expected to cost $6 million, the community solar project would be controlled and maintained by Bright Oak Solar, LLC.
The new community solar project is the sixth brought to the GCEDC for funding in 2020. Its approval would mean generating approximately 26-megawatts of solar energy for Genesee County. The proposed location for the new Bright Oak Solar project is on Galloway Road in Batavia.
Should Bright Oak Solar move forward with its project, it would come with incentives like payment in lieu of taxes for 15 years. They would result in $122,610 being generated for Genesee County and more than double that for Oakfield-Alabama Central School District. In total, the new community solar project in New York is expected to generate $394,139 after 15 years.
In March 2020, the GCEDC approved another 22-megawatt community solar project. This project was originally brought to the board by Borrego Solar System, LLC. Its capital investments were expected to be around $21.6, with a 15-year projection of $2 million to Genesee municipalities.
This news comes a few months after Genesee officials were scheduled to hold public hearings on five new solar projects in the county. This included solar arrays built in Pembroke and Batavia. The discussion also included a $2.5 million tax abatement for Borrego Solar, spread over 15 years.
Borrego Solar had also been approved for a new solar farm in 2019. The 20.45-acre farm was slated for construction at Batavia-Elba Townline Road. Since the outbreak of the COVID-19 virus, construction on projects nationwide have slowed down or come to a complete standstill.