May 17, 2021
New York Redefines the Future of Community Solar
Community Distributed Generation (CDG), also known as community solar or shared solar, is getting a facelift. A lot has shifted since New York signed one of the most promising and progressive energy laws in 2014, including the state’s renewable energy goals. The aggressive but attainable Reforming the Energy Vision (REV) implemented a lofty goal of 50% renewable energy generation by 2030. Including the standard declining incentives, New York developed a new approach to pricing and credit values through the “Value of Distributed Energy Resources” (VDER) – incentivizing developers to build assets that supported REV.