Core Insights - SolarBank Corporation is developing two community solar projects in Skaneateles, New York, with a total capacity of 14.4 MW DC, expected to power approximately 2,100 homes [1][2] Group 1: Project Development - The projects have received positive interconnection results through a completed Coordinated Electric System Interconnection Review (CESIR) [1] - The next step involves completing the permitting process, which is already underway [1] - The projects are anticipated to qualify for incentives under the NY-Sun Program by NYSERDA [1] Group 2: Community Solar Benefits - Community solar allows renters and homeowners to benefit from solar energy without installing panels on their properties [2] - Participants can earn credits on their electricity bills based on their share of the solar energy generated, leading to reduced costs per kWh compared to standard utility rates [2] Group 3: Company Overview - SolarBank Corporation focuses on developing and owning renewable and clean energy projects, particularly distributed and community solar projects in North America [4] - The company has a development pipeline exceeding one gigawatt and has completed renewable energy projects with a combined capacity of over 100 megawatts [4]
SolarBank Provides Update on 14.4 MW Projects in Skaneateles, New York