As the proposed Columbia Solar and Storage project continues its steps to become reality, New York state has provided funding for the development.
This summer Gov. Kathy Hochal announced that the project is one of 22 large-scale solar projects in the works in the state that received state awards.
Combined, the 22 projects will supply energy to 620,000 New York households, provide $2.7 billion in private investment and create 3,000 short and long-term jobs in the state.
The Columbia project’s share would power 80,000 households. It will also include energy storage capability.
Developer EDF Renewables said the project will become operational in 2025. The project will take up almost 2,200 acres, with most of that in the Town of Columbia and 50 acres in the Town of Litchfield.
Land to be used is mostly cleared and will be leased from private sources. Cost of the project is estimated at $550 million.
Over the first 20 years, EDF estimates that $27 million will be paid to local municipalities, school districts and Herkimer County. Along with the towns of Columbia and Litchfield, the Mount Markham and Richfield Springs school districts will receive some of the revenue to offset property taxes.
A Sun Fund will be created for the first 10 years at $40,000 per year. A committee…