State Power Authority to buy New Baltimore solar farm once it's completed – dailygazette.com

Cloudy skies. A stray shower or thunderstorm is possible. Low 41F. Winds S at 10 to 15 mph..
Cloudy skies. A stray shower or thunderstorm is possible. Low 41F. Winds S at 10 to 15 mph.
Updated: April 4, 2026 @ 10:53 pm
A solar farm can be seen from Mohr Road in the town of Florida in November 2024. A solar farm being built in New Baltimore will be acquired by New York state in 2027.

A solar farm can be seen from Mohr Road in the town of Florida in November 2024. A solar farm being built in New Baltimore will be acquired by New York state in 2027.
NEW BALTIMORE — The Hannacroix Solar farm in New Baltimore will be taken over by a state entity once it is completed.
The New York Power Authority on Tuesday announced an agreement that would result in the authority helping with the development of the five-megawatt solar farm on Railroad Avenue, with a full acquisition of the farm set for 2027.
“NYPA is providing the financing needed to move Hannacroix Solar through its remaining preconstruction development work,” Power Authority spokesperson Alex Chiaravalle said Tuesday. “After completing a final round of due diligence, the Power Authority will finance the project’s construction — expected to begin later this year — and fully acquire the project upon its completion in 2027.”
The project is being developed by Teichos Energy, a Seattle-based solar energy company.
“NYPA has long been recognized as an innovator in the electric-power industry and we welcome the opportunity to advance their goals of making New York’s electric power mix cleaner while stabilizing power costs,” Teichos Energy CEO Stephen Voorhees said in a statement.
The acquisition is part of the state’s Renewable Energy Access and Community Help program, designed to provide renewable energy credits to low-income New Yorkers, according to the state’s website.
The project is also part of the authority’s renewable-energy strategic plan, which outlines the state’s efforts to develop, own and operate renewable-energy projects, the announcement reads.
The credits are funded through renewable-energy production from properties developed by or for the authority.
Gov. Kathy Hochul authorized several state departments, including the Power Authority, to fast track renewable-energy developments before federal tax credits expired.
“Since NYPA was authorized less than three years ago to support large-scale renewable-energy development, it has worked diligently to stand up a program capable of accelerating clean-energy projects across New York State,” Power Authority President and CEO Justin Driscoll said in a statement. “Amid headwinds affecting the industry, NYPA established new business structures, assembled a team of seasoned professionals, and refined a portfolio of project opportunities. In 2026, those efforts will bear fruit.”
The five-megawatt facility will be developed on nearly 54 acres of land in New Baltimore. Construction is expected to begin later this year, Chiaravalle said.
The authority is also set to help finance the project’s preconstruction development and Gordian Energy Systems as the project’s engineering, procurement, construction and contractor to build the project, according to Bill Parkhurst, Teichos vice president of marketing and finance.
“We are excited that the New York Power Authority has stepped in as a strong financing and development partner,” Parkhurst said.
The New York Power Authority is the largest state power organization in the country, operating 17 facilities and more than 1,550 miles of transmission lines.
The solar farm is expected to go online in late 2027.
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