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2 MW Community Solar PV Project in New York, USA

  • PV System Size (MWp):
  • Target Investor IRR (%):
  • Estimated Annual GWh:
  • Estimated Cashflow / PPA Term ($):
  • Minimum Investment ($):

Shares Available

$123,000.00

5%

$2,500,000.00 of Goal

Remaining Amount: $2,377,000.00

last funded at 2020-10-18T09:31:09-04:00

1 Investor

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Community solar is an array of panels installed in a sunny location. Anyone in the area can access the clean energy produced by these solar panels and get credits toward their electricity bills.

Project Info
Project Details
Country

DC/AC Load Ratio

1.25

Inverter AC Nameplate (kW)

1,600

Inverter Size (kW)

1,600

Interconnection Type

Grid Tied

PPA Rate ($/kWh)

0.035

PPA Status

PPA Pending

Solar Site Location

42.09° N, 75.9° W

Off-taker Category

Utility

System Loss (Total %)

14

PPA Term (Years)

15

Solar Project Phase

Development, Proposal

Estimated Annual GWh

3.02

Solar Site Lease

Looking

Estimated Annual KWh

3,019,563

Solar Project Developer
Name: Craig Donnelly
Nick Name: admin

To be a part of this community solar project in New York you just need to have an account with an electric utility, then you:

  • Find a community solar project in your area and ask about rates and subscription plans
  • Subscribe to a plan that works for you
  • Save. Your electricity provider will still deliver energy to you, and you’ll be credited for your portion of the community solar project right on your electricity bill.

How it Works
Community solar projects are an array of solar panels installed in a sunny, offsite location. Community solar allows you benefits from solar without installing panels on your home.

Why Community Solar
There are several reasons and ways to join a community solar project:

  • You can go solar without having to install solar on your property or if you don’t own the property
  • You save money on your electricity bill
  • You’re supporting clean, locally generated power
  • You can pay-as-you-go with subscription options (if available)
  • The developers of community solar projects like Solarcollab, determine which plans are available to members. Most project will include these two types of plans.

Subscription plans are more common. Their benefits include:

  • Little to no upfront costs
  • Pay-as-you-go
  • Shorter term options
  • Purchase plans include benefits such as:

Ownership of panels at the community solar project site

  • Availability of financing options
  • Greater savings potential over time
  • Ability to take advantage of tax credits

Cashflow and Energy Projections

Targeted Project Costs

  • Target Inverter Cost ($/W):
  • DC System Size (kWp):
  • DC/AC Load Ratio:
  • Performance Ratio (%):
  • Interconnection Type:

Investment Projections

  • Minimum Investment ($):
  • Target Investor IRR (%):

Solar Farm Land Details

Landowner Benefits

Land Lease
Agreement

2 MW Community Solar PV Project in New York, USA

2 MW Community Solar PV Project in New York, USA

Land Lease Agreement is confidential
Signin/Register

Solar Project
Summary and Design

2 MW Community Solar PV Project in New York, USA

2 MW Community Solar PV Project in New York, USA

Community Solar – Offering Circular is confidential
Signin/Register

Community Solar
Offering Circular

2 MW Community Solar PV Project in New York, USA

2 MW Community Solar PV Project in New York, USA

Community Solar – Offering Circular is confidential
Signin/Register

Off-taker PPA
Operating Agreement

2 MW Community Solar PV Project in New York, USA

2 MW Community Solar PV Project in New York, USA

Land Lease Agreement is confidential
Signin/Register

Solar Farm
Pro Forma Financials

2 MW Community Solar PV Project in New York, USA

2 MW Community Solar PV Project in New York, USA

Community Solar – Offering Circular is confidential
Signin/Register

Interconnection
Packet

2 MW Community Solar PV Project in New York, USA

2 MW Community Solar PV Project in New York, USA

Community Solar – Offering Circular is confidential
Signin/Register
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2 MW Community Solar PV Project in New York, USA

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