UGE International developing three Community Solar projects in NYC

June 7, 2022
The electricity generated by the projects will be supplied to local businesses and households through community solar subscription agreements, ensuring access to cleaner and cheaper electricity. All three rooftop projects will be owned and operated by UGE

Distributed solar energy firm UGE International is developing three community solar projects totalling 3 MW in the metro New York City region.

The electricity generated by the projects will be supplied to local businesses and households through community solar subscription agreements, ensuring access to cleaner and cheaper electricity. All three rooftop projects will be owned and operated by UGE International.

The recent updates to the NY-Sun incentive program has boosted the value of these projects. The program supports the state’s goal of achieving 10 GW of distributed solar electricity, with focus on low- and moderate-income communities.

A total of $1.5 billion in ratepayer-funded incentives will be offered for distributed solar. Another $4.4 billion in private investment is expected, bringing the total investment in the sector to $5.9 billion to accelerate solar project development across New York State.

"UGE continues to expand our capacity in New York, incorporating additional benefits to the community that the updated NY-Sun program offers," said Mateo Chaskel, UGE USA's Managing Director. "Our projects will have specific percentages allocated to low and moderate income offtakers, offering the benefits of low solar costs to a group of consumers who have historically found solar to be unaffordable."