New York Community Solar PV Park is a 47MW solar PV power project. It is planned in New York, the US. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 47 47 Permitting New York, the US Goldman Sachs Renewable Power; Ric Energy Group

Description

The project is being developed by Goldman Sachs Renewable Power and Ric Energy Group. The project is currently owned by Goldman Sachs Renewable Power.

New York Community Solar PV Park is a ground-mounted solar project.

The project is expected to supply enough clean energy to power 10,000 households. The project cost is expected to be around $50.666m.

Development Status

The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.

About Ric Energy Group

RIC Energy is a leading renewable energy project developer focused on delivering renewable energy and energy storage facilities throughout the US. It is headquartered in Madrid, Spain.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.