They must be, I just can’t find anything. Although I didn’t look very hard.
In before this process somehow pollutes like hell
I know the Buffalo Color Brownfield Clean up project was just finished up last year…that the area just on the other side of the river…
http://www.dec.ny.gov/chemical/52854.html
They also just spent a lot of time dredging the river right there.
I would like to think that they do not want to pollute the area again, but then again, we are talking billions of dollars and Cuomo is involved…
I’m sure they’ve found a way to mitigate any pollution and keep it from the river. I’m just pointing out that most people who support green energy don’t consider the manufacturing process or the transport of waste products. And considering it’s so close to homes I would have thought there would have been at least one vocal NIMBY person out there making news:
i have heard things in the past solar city tends to jump the gun a little, atleast out in CNY projects
If there was any gun-jumping I’m sure it was political. Wasn’t the governor there yesterday for the ground breaking? Isn’t there an election coming up? :oj:
I’m all for this type of development BTW.
I believe the city of Buffalo owns the property (based on the map on page 26: http://buffaloboa.files.wordpress.com/2014/07/brc-draft_v4.pdf), the state will own the building and the equipment.
Link: http://wivb.com/2014/09/23/solarcity-investing-5b-in-buffalo-creating-3000-jobs/
LPCiminelli has been selected as the contractor for the project. The factory will be online and in high volume manufacturing as early as the first quarter of 2016. The state will own the building and the equipment and manufacturers will have to come to Buffalo to use it. They are hoping more companies will share it with SolarCity.
Riverbend is being built by the state as part of the Buffalo Billion initiative to create a state-of-the-art campus for high-tech and advanced manufacturing companies. State officials call it the crowning achievement of Governor Cuomo’s Buffalo Billion initiative.
Meh. It’s not like they’re trying to build a race track or anything.
The people who live in that area are probably just happy that they might have somewhere to work that is in their neighborhood. There’s something to be said about building a factory an area that allows for cheap labor. Besides, the building across the street was that huge greenhouse for a while. That really didn’t work and they were forced to tear it down. Now it’s home to a pie factory. Not much going on in that area and it’s already zoned for industrial use.
http://www.buffalonews.com/business/google-invests-300-million-in-solarcity-20150226
Google invests $300 million
“Google Inc. is making its largest bet yet on renewable energy, a $300 million investment to support at least 25,000 SolarCity Corp. rooftop power plants.Google is contributing to a SolarCity fund valued at $750 million, the largest ever created for residential solar, the San Mateo, California-based solar panel installer said Thursday in a statement.
SolarCity is currently building North America’s largest solar panel factory on South Park Avenue in Buffalo.
Google has now committed more than $1.8 billion to renewable energy projects, including wind and solar farms on three continents. This deal, which may have a return as high as 8 percent, is a sign that technology companies can take advantage of investment formats once reserved only for banks.
“Hopefully this will lead other corporations to invest in renewable energy,” SolarCity Chief Executive Officer Lyndon Rive said in a phone interview.
The deal reflects the success of renewable energy companies in tapping into a broader pool of investors with financial products that emerged in the past three years either paying dividends or sheltering cash. Those helped boost investment in clean-energy 16 percent to a record $310 billion last year, according to data compiled by Bloomberg.
The Google deal is structured as a tax-equity transaction, meaning the web search developer gets tax breaks that flow from solar systems financed by the fund. Earlier this week, First Solar Inc. and SunPower Corp. said they’d form a “yieldco,” a business model that channels income from operating wind and solar farms into dividends for investors.
Renewable-energy projects are entitled to various tax benefits, including a credit for 30 percent of the installed cost of a solar power system. Unprofitable companies, such as SolarCity, often can’t use the credits and provide them instead to tax-equity investors”
More good news…although 300million in Google $ is like someone asking you for a dollar for the vending machine.
Why you gotta be so negative?
Because I live in the suburbs
I’m bidding the site package now :tup: Steel has started to be placed / piles are going into the ground.
Awesome.
Itshappening.GIF
Like what I’m seeing.
That “pie factory” has awesome fish and chips!