C2 Energy Capital LLC, a rapidly growing investor and developer in renewable energy and storage assets, announced the completion of two community solar projects totaling 5.5 megawatts. Located in the towns of Johnstown and Caledonia, New York, the solar power generation systems are owned and operated by C2 Energy Capital. The clean power plants are part of New York’s Community Distributed Generation (CDG) program that allows both residents and commercial businesses in the community to benefit from local solar projects.
Community solar projects are designed to provide solar access to residents and businesses who may not own property or have ideal roof conditions to support solar panels. Residents and businesses who subscribe to the solar projects will have a portion of the system’s production allocated to their electric account, which will provide them with a discount to their monthly electricity costs.
C2 Energy Capital was proud to announce that the community solar projects were contributing to the state-wide initiative of 6 gigawatts of distributed solar by 2025. The company commend New York State and NYSERDA for the national leadership role they had taken to help mitigate climate change, stated Candice Michalowicz, co-founder and managing member of C2 Energy Capital.
The community solar projects are generating enough solar energy to power approximately 779 households. The clean power plants will offset 5,060 tons of carbon annually or the equivalent of carbon sequestered by a forest of 6,000 acres.
These projects received funding from NYSERDA through NY-Sun, Governor Andrew M. Cuomo’s signature initiative to advance the scale-up of solar and move the State closer to having 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 the installation of 6,000 megawatts of distributed solar by 2025.
Alicia Barton, President, and CEO, NYSERDA commented that, the community solar projects like these being announced would bring affordable, clean renewable energy to local residents and businesses at a time when many families were facing difficult financial demands as a result of the ongoing public health crisis and congratulated C2 Energy Capital on the completion of their community solar projects, which would increase access to solar for more New Yorkers as they worked together towards meeting New York’s nation-leading clean energy goals under Governor Cuomo’s Green New Deal.