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Home - News - New York Power Authority announces the first fully owned by the solar project
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New York Power Authority announces the first fully owned by the solar project

solarenergyBy solarenergyMarch 28, 2025No Comments2 Mins Read
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Governor Kathy Hochul has announced that the New York Power Authority (NYPA) has acquired fully ownership of a 20-MW solar energy energy generation project in the city of Fort Edward in Washington County. The Somers Solar Project is the first to be taken over, owned and operated by the Power Authority under its extensive authority – signed by the Gouverneur in 2023 – and is the first of Nypa’s first tranche of projects emphasized in its strategic plan for renewable energy sources that was announced in the new yw.

“With the acquisition of the Somers Solar Project, NYPA is taking an important step forward in his dedication to expand the resources for renewable energy sources in the state of New York,” said Gov. Hochul. “The project reflects New York’s efforts to create a greener, more resilient energy system that benefits all New Yorkers, and shows our focus on stimulating economic growth in local communities and at the same time creating well -paid trade union courses.”

The Power Authority, via its entire subsidiary the New York Renewable Energy Development Holdings Corporation (Nyred), will be the 20-MW solar project for solar energy on a 150-hectare site of about 50 miles north of Albany in the capital in the capital in the capital. The large -scale solar project will create an estimated more than 100 union courses during construction and operation.

The NYPA Renewables Strategic Plan is a route map for the development of renewable energy from NYPA under the extensive authority to build extra renewable energy sources to support the transition from the clean energy of the state. Earlier in development by Edison, the New Jersey Energy, established in New Jersey, will enable the Acquisition of Somers Solar to re -invest their resources in future renewable project developments through the Power Authority.

See also  Community Solar will reach 14 GW by 2029, says Wood Mackenzie

“Nypa’s acquisition of this large -scale solar project is the first of its kind under its extensive authority to build renewable energy sources. The ownership of NYPA will guarantee affordable energy for New Yorkers and at the same time create well -paying trade union courses and helps us achieve our ambitious climate goals,” Said Assemblymembermember said.

News item from NYPA

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