“A “fast-growing” technology company is seeking to set-up shop at the Airport Business Park in Glenville, bringing with it a $10 million investment and 100-plus new jobs, according to the county’s top economic development official. Ray Gillen, the commissioner of economic development and planning for Schenectady County, informed county lawmakers of the investment during … [Read more…]
“US company Nautilus Solar Energy has announced the opening of a community solar farm on the Altamont municipal waste dump and burn pit, formerly the Schenectady Army Depot. The project marks the first community solar farm to be developed on a formerly used defence site (FUDS). The 2.8MW farm will provide clean energy to … [Read more…]
“The town of Glenville has enacted a two-year moratorium on solar projects in its agricultural residential district. Prior to the Wednesday vote of the Glenville Town Board, three town residents spoke on the issue during a public hearing. “I applaud the town for putting a stay for two years,” said Andy Tomko of Drott … [Read more…]
“A plan to maintain the city’s “community forest,” which consists of thousands of trees found along roadways and parks, is set to be reviewed publicly later this month. The city’s Community Forest Management Plan recommends spending thousands over a seven year period to grow the number of trees throughout the city and maintain the … [Read more…]
“Less than three years after leaving the mothership, General Electric spinoff DSD Renewables has nearly tripled its workforce as it adds solar electricity to the power grid and to its customers’ facilities. DSD’s headquarters at Mohawk Harbor hosts a small percentage of its nearly 170 employees — many others work remotely or at satellite … [Read more…]
“The City Council reached a tentative budget deal on Friday that offers taxpayers a 1.54-percent tax cut. Mayor Gary McCarthy’s initially-proposed 16-percent salary increase has been whittled to 4 percent. But don’t expect City Hall to be lit in rainbow lights while city council members hold hands and sing kumbaya: Several lawmakers accused their … [Read more…]
“Distributed Solar Development has secured a $250 million fund to pay for distributed generation projects through 2020. The deal is financed by Morgan Stanley, Silicon Valley Bank and Fifth Third Bank, and was announced Wednesday. DSD was formed in Schenectady as a General Electric incubator company in 2012 and was known as GE Solar … [Read more…]
“Distributed Solar — the Schenectady solar startup that spun off from General Electric earlier this year — has raised a $250 million fund from Morgan Stanley, Silicon Valley Bank and Fifth Third Bank to finance a portfolio of solar projects through 2020. The fund was raised after Distributed Solar Development announced in July that … [Read more…]
“Mayor Gary McCarthy is seeking to pull back the curtain on his Smart Cities initiative following mounting lawmaker questions over costs, transparency, security protocols and the overall scope of the effort. The city will hold at least four public meetings to discuss the program, McCarthy said on Monday; he’s asking asking the City Council … [Read more…]
“A solar startup launched by General Electric Co. and funded by BlackRock Inc. will be headquartered at Mohawk Harbor, according to the Schenectady Metroplex Development Authority. Distributed Solar Development, which designs, builds, owns and operates distributed solar power generating plants, currently employs more than 60 people, according to GE Reports. DSD had its origins … [Read more…]