Oak Orchard Solar 3 https://www.thebatavian.com/ en https://www.thebatavian.com/themes/barrio_batavian/images/thebatavian_logo.png Oak Orchard Solar 3 https://www.thebatavian.com/ Local Matters © 2008-2023 The Batavian. All Rights Reserved. Sun, 19 May 2024 15:01:34 -0400 https://www.thebatavian.com/themes/barrio_batavian/images/thebatavian_logo.png Fri, 04 Aug 2023 17:05:00 -0400 GCEDC accepts $9M community solar project, to schedule public hearing https://www.thebatavian.com/press-release/gcedc-accepts-9m-community-solar-project-to-schedule-public-hearing/635984 Press Release:

The Genesee County Economic Development Center (GCEDC) board of directors accepted an initial resolution for Oak Orchard Solar 3 LLC’s community solar farm project in the town of Batavia at the board’s Thursday, August 3 meeting.

The $9 million investment will include the installation of ground-mounted solar panels in order to generate up to 5 megawatts of power.

Since 2019, the GCEDC has reviewed over $1 billion of solar energy projects. These projects have proposed 860 megawatts of renewable energy and property tax-type revenues of $127.4 million to municipalities.

Under the proposed project agreement, Oak Orchard Solar 3 LLC’s project would generate $4,000/megawatts (AC) annually + a 2% annual escalator of revenues to Genesee County and the Elba Central School District. Including a host agreement with the Town of Batavia, this project is estimated to generate a $319,088 increase in property-tax type revenues to host municipalities over the life of the agreements.

A public hearing on the proposed project agreement will be scheduled in the town of Batavia.

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https://www.thebatavian.com/press-release/gcedc-accepts-9m-community-solar-project-to-schedule-public-hearing/635984#comments https://www.thebatavian.com/press-release/gcedc-accepts-9m-community-solar-project-to-schedule-public-hearing/635984 Aug 4, 2023, 5:05pm Oak Orchard Solar 3 GCEDC accepts $9M community solar project, to schedule public hearing Press Release <p>Press Release:</p><blockquote><p>The Genesee County Economic Development Center (GCEDC) board of directors accepted an initial resolution for Oak Orchard Solar 3 LLC’s community solar farm project in the town of Batavia at the board’s Thursday, August 3 meeting.</p><p>The $9 million investment will include the installation of ground-mounted solar panels</p></blockquote>