One 12 MW solar installation has so far resulted from five years of work under New York State’s Build-Ready program, which was created by a 2020 state law, the program reported in a five-year review.
The 12 MW project, now part of a multi-site portfolio being built by independent power producer CleanCapital, is located at an iron ore tailings pile in St. Lawrence County, New York. CleanCapital will provide the surrounding community with $1.7 million of payments in lieu of taxes and other community benefits.
The Build-Ready program, operated by the New York State Energy Research and Development Authority, received $3.42 million in auction proceeds for developing the 12 MW project to a stage that was attractive to private sector bidders, and expected $1.3 million in other revenues through year-end 2025. In comparison, the program’s expenditures over five years have been about $16 million.
