C2 Energy Capital has finalized two community solar projects totaling 5.5 megawatts have been completed. The solar generation systems are owned and run by C2 Energy Capital, based in the cities of Johnstown and Caledonia, New York.
The renewable power plants are part of New York’s Community Distributed Generation (CDG) system that allows local solar projects to help both residents and businesses in the city.
Community solar projects are built to provide solar energy for residents and businesses who do not own land or have suitable roof conditions for solar panels. Residents and companies who subscribe to the solar projects will have a portion of the output of the system credited to their electric account, which will give them a discount on their monthly electricity costs.
“C2 Energy Capital is proud to announce that these community solar projects are contributing to the state-wide initiative of 6 gigawatts of distributed solar by 2025. We commend New York State and NYSERDA for the national leadership role they’ve taken to help mitigate climate change.”Candice Michalowicz, co-founder and managing member of C2 Energy Capital.
The community solar projects produce enough solar power to power about 779 households. The renewable power plants would offset 5.060 tons of carbon per year, or the carbon equivalent sequestered by a 6,000-acre forest.
These projects received funding from NYSERDA through NY-Sun, the signature initiative of Governor Andrew M. Cuomo to advance the scale-up of solar power and push the State closer to a sustainable, self-sufficient solar industry, and supports the Governor’s nation-leading Green New Deal, which calls for 70 percent of the state’s electricity to come from renewable sources by 2030 and installation of of 6.000 megawatts of distributed solar by 2025.
“Community solar projects like those being announced today will bring affordable, clean renewable energy to local residents and businesses at a time when many families are facing difficult financial demands as a result of the ongoing public health crisis. Congratulations to C2 Energy Capital on the completion of their community solar projects, which will increase access to solar for more New Yorkers as we work together toward meeting New York’s nation-leading clean energy goals under Governor Cuomo’s Green New Deal.”Alicia Barton, president and CEO NYSERDA.