Generating power from a solar source alone might not be enough. On days when there is little sunshine, one might suffer a power outage and wait for the next sunshine before having power back. But if one can create a system where a solar panel still generates substantial power even when it is darkest, then a lot of problems will be solved in the community. An ongoing project in New York is working towards sustainable energy in the state.
PowerBank set to launch project that promotes solar energy in New York
PowerBank has recently signed an agreement to start an energy project in New York known as the NY-Sapbush. This project entails connecting a solar panel to a large battery system. The goal behind this project is to qualify for financial incentive programs that happen in New York to help pay for solar and the installation of batteries.
New York’s electric grid now depends on battery systems. These battery systems store extra energy from renewable sources like the sun or wind, and then use it when the sun isn’t shining or when the wind isn’t blowing. This has become a common technology and is evident by the drastic fall in the price of batteries over the last 15 years.
This project is still in its preliminary stages and needs some permits
This project is still in its early stages. PowerBank is in the process of starting the first technical step to bring this project to reality. An initial study will be done to check how the project affects the local power system. As soon as the grid connections get approved, the next step will be to get the construction permits from the authorities. When the permits are ready, then funds will be needed to build the solar and the battery.
This project will work as a shared community resource
When this project is completed, it will work as a shared community resource. This means that it has a solar component that generates electricity and a battery system that stores the excess energy. The stored electricity in the battery can be sent into the local electricity grid, where it can be used. This local electricity grid provides clean electricity to people living within the community. And relative to its size, it could supply dozens of homes.
Community members can benefit by subscribing to this project. When they subscribe, they get monthly credits on their utility bill for electricity. This is a portion of their share of the project. With this method, small business owners or homes that cannot afford installation costs upfront will have access to the benefits of solar. Subscribers will pay less per-kilowatt hour for the power they get from the grid, just like this solar tax credit introduced in the U.S.
PowerBank has proven itself worthy of this project
PowerBank is a competent company and has enough experience to complete this project. In the past, they have completed more than 100 megawatts of renewable energy projects. They also have projects on 1,000 megawatts of renewable energy in progress. This experience, coupled with solid financial partnerships, put them in a position to complete this project effectively and successfully.
The NY-Sapbush is key to New York’s climate goals. It also helps the state reach its energy target and contribute to America’s clean energy goal. As soon as all the resources are ready, PowerBank will get to work on this project immediately.
With this project, New York will be able to make clean energy available to every member of the community. However, the best way to get the most out of this project is to subscribe. Community members who subscribe will pay less for electricity and also get monthly credits, similar to this hybrid power project in Brazil.
