Press Release:
The Genesee County Economic Development Center (GCEDC) board of directors will consider an initial resolution for Oak Orchard Solar 3 LLC’s community solar farm project in the town of Batavia. The $9 million investment would include the installation of ground-mounted solar panels in order to generate up to 5 megawatts of power.
Under the proposed project agreement, Oak Orchard Solar 3 LLC’s project would generate $4,000/megawatts (AC) + a 2% annual escalator of revenues with Genesee County and Elba Central School District. Including a host agreement with the Town of Batavia, this project is estimated to generate a $319,088 increase in property-tax type revenues to host municipalities.
Since 2019, the GCEDC has reviewed over $1 billion of solar energy projects. These projects have proposed 860 megawatts of renewable energy and property tax-type revenues of $127.4 million to municipalities.
If Oak Orchard Solar 3 LLC’s project application is accepted, a public hearing will be scheduled on the proposed project agreement in the town of Batavia.
The August 3, GCEDC board meeting will be held at 3 p.m. at the MedTech Center’s Innovation Zone, 99 MedTech Drive, Batavia. Meeting materials and links to a live stream/on-demand recording of the meeting is available at www.gcedc.com.
