Genie Energy acquires rights to new 6.25 MW community solar site in Upstate N.Y.

Solar panel

Genie Renewables, a division of Newark-based Genie Energy, recently said it acquired site rights to a community solar generation site in Upstate New York. Once built out and brought online, the proposed project is expected to have a generating capacity of 6.25 megawatts.

Genie Renewables also received a favorable Coordinated Electric System Interconnection review and estimate of interconnection cost from Con-Ed for its 3 MW proposed community solar project in downstate New York.

The company expects to receive its Notice to Proceed and begin construction in the coming months, subject to negotiating a land lease and obtaining local permits.

“Community solar and other utility-scale solar generation are essential to meaningful reductions in carbon emissions,” Michael Stein, CEO of Genie Energy said. “Now, improved economics are driving strong project demand in our current markets and energizing implementation of solar generation initiatives in new markets across the country.”