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Old 10-05-2021, 02:50 PM
 
Location: Manhattan
8,948 posts, read 4,827,211 times
Reputation: 6004

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Bringing solar energy to the city is already a challenge. It’s about to get even harder with tens of millions of dollars in incentives for city-friendly solar projects about a month away from drying up, clean energy advocates say.

Oh, that's unfortunate. They say, solar energy is the way of the future.

https://www.thecity.nyc/environment/...e-credits-fade

New York is primed to soak up the sun, but the city’s ability to hit its solar-power targets could be in jeopardy.

Tens of millions of dollars in incentives from the state that helps make city-friendly “community solar” developments economically feasible are about a month away from sunsetting for new projects. And that’s threatening clean energy projects on tap for the city — along with the local jobs and energy savings that come with them, solar industry reps say.

The solar industry contends that Gov. Kathy Hochul’s recently expanded solar development goals — from six gigawatts by 2025 to 10 by 2030, enough to power almost 1.7 million homes — won’t necessarily help the five boroughs unless the credit gets replenished.

With community solar, tenants purchase sun-generated power that’s not necessarily collected where they live, since they have no say on whether to put panels on their apartment buildings. Energy experts see community solar as a way for lower-income New Yorkers, who can’t afford the high up-front costs of installation, to participate in the clean energy transition.
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Old 10-05-2021, 07:37 PM
 
5,796 posts, read 4,188,809 times
Reputation: 5019
It needs subsidies just to be installed on former forever wild land.

It never even brakes even.

There are no allowances for it's end of life which is about 20 years --removal and replacement
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Old 10-06-2021, 12:51 PM
 
Location: NY-VT-MA border
146 posts, read 115,807 times
Reputation: 824
If this was really worth doing, the private sector would do the job.

Instead, some politician forces taxpayers to subsidize it.
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