NYS
Sustainable Corp.
Renewable Commercial Real Estate Integration
Fuel Cell
Fuel cell systems employ an entirely different approach to the production of electricity than traditional combustion-based prime mover technologies. Fuel cells are similar to batteries in that they both produce a direct current (DC) through an electrochemical process without direct combustion of a fuel source.
However, whereas a battery delivers power from a finite amount of stored energy, fuel cells can operate indefinitely, provided the availability of a continuous fuel source. Two electrodes (a cathode and anode) pass charged ions in an electrolyte to generate electricity and heat. A catalyst enhances the process. Fuel cells offer the potential for clean, quiet, and efficient power generation. Because the fuel is not combusted but instead reacts electrochemically, there is minimal air pollution associated with its use.
Fuel cells have been under development for over 40 years as an emerging power source however, fuels cells of many different sizes are commercially available now. Based on their environmental benefits, high efficiency and virtually no emissions of criteria pollutants, fuel cells are supported by a number of state and federal tax incentive programs that help to offset the overall system costs. These incentives have been designed to promote continued fuel cell development, cost reductions, and overall market deployment.
Solar Assets
The solar market is experiencing strong growth, and the production of electricity by coal continues to fall. Investors, banks, and leasing companies have a need to evaluate the value of the project to compute the appropriate financing rates. The value of an operating PV solar project can be calculated in the developer market by estimating the value of the power which will be produced in the next 7-10 years, then discount at the investor’s / developer’s required return rate to present value.
Large Scale Renewable Asset Procurement
Community Solar Farms
Community solar farms offer higher energy output than simply installing solar panels on your rooftop. Solar farms are also more cost-effect, as they run between $0.80 to $1.36 per watt, as residential solar installations cost about $2.50 to $3.50 per watt. These large-scale projects usually provide 5 megawatts or less, and a megawatt can power an average of 164 homes.
Utility-Scale Solar Farms
As governments work toward a more sustainable energy future, utility-scale solar farms become more commonplace to power hundreds or thousands of homes. Utility-scale solar farms may span 1 megawatt to 2,000 megawatts.