DSD Partners with Schenectady County on a Seven-Project, 25MW Community Solar Portfolio/Brownfield Transformation
Seven municipalities, county achieve goal of being 100% solar powered
SCHENECTADY, N.Y. — April TK, 2021 — Distributed Solar Development’s (DSD) work is truly coming home, with the completion of a seven-project, 25MW community solar portfolio in Schenectady County, N.Y.
The community solar portfolio, made possible through a collaboration with the Schenectady County Solar Energy Consortium, is DSD’s largest to date and will provide significant savings to municipalities in Schenectady County, which is home to DSD’s headquarters at Mohawk Harbor. It will also provide substantial savings to residents, many of whom work for DSD and GE. Perhaps most impressive, it will enable the County and each of its municipalities to be 100% powered by renewable energy, while also powering SUNY Schenectady as well.
“Completing such a large portfolio and partnering with our neighbors and stakeholders on cutting edge solar development right in our backyard is a major highlight of DSD’s early impact,” said Erik Schiemann, CEO of DSD. “We are proud of this portfolio, the innovation we were able to bring to it, and the savings and benefits it will provide this community for years to come.”
“This was one of the most ambitious municipal solar projects in New York, and DSD’s expertise and trusted partnership have been integral every step of the way.
The portfolio’s anchor offtakers are the municipalities and cities of Schenectady County, which stand to save 20-30% on energy costs, equating to over $400,000 annually. Residents are able to subscribe to community solar at a 10% discount through DSD’s partner, BlueWave Solar. Though the projects are currently fully subscribed, interested residents can find more information about community solar and sign up for the waitlist by visiting this website.
The seven projects include three landfill sites, two of which include 20,000 kW and 5,000 kW of energy storage service (ESS), placing them among the largest ESS installments in New York State.
“Making brownfield-to-greenfield transformation possible while creating a new standard for solar impact represents the true value of our approach,” said Eric Pollock, CCO at DSD. “Previously those landfills were unable to be accessed for this kind of development, but we were able to make it happen.”
One of the portfolio’s sites, located between Mohawk Trail and GE’s main plant entrance, is a tax-foreclosed property that previously housed an old hotel and was repurposed by DSD. Another site is located near the county-owned Glendale Home, a, senior living and caregiving community that will save on energy bills thanks to a portion of solar Value of Distributed Energy Resources (VDER) credits.
The project was supported by state funds and incentives from the New York State Energy Development and Research Authority (NYSERDA).
“Clean, renewable energy has long been a priority for our communities,” said TK, TK of Schenectady County. “This was one of the most ambitious municipal solar projects in New York, and DSD’s expertise and trusted partnership have been integral every step of the way. It was a truly collaborative effort with positive impact spread across our entire region.”
About Distributed Solar Development
Distributed Solar Development (DSD) is transforming the way organizations harness clean energy. With unparalleled capabilities including development, structured financing, project acquisition and long-term asset ownership, DSD creates significant value for our commercial, industrial and municipal customers and partners. Backed by world-leading financial partners like BlackRock Real Assets and rooted in our founding at GE with a 120+ year legacy of innovation, our solar energy team brings a distinct combination of ingenuity, rigor, and accountability to every project we manage, acquire, own and maintain. To learn more about our industry-leading solar energy solutions, visit dsdrenewables.com and be sure to connect with us on LinkedIn and Twitter.
What exactly does “net zero” mean? And why are so many companies suddenly pursuing it so aggressively?
How to maximize the federal solar Income Tax Credit (ITC) before it “steps down,” to get the lowest price for solar.
As #NASEW20 kicks off, renewable energy professionals should prepare for a packed schedule of virtual meetings that will take place this fall!
New Jersey’s popular SREC program will end soon — but a new, temporary replacement program offers big incentives for companies in the state to “go solar.”