The Sunvestment Energy Group Blog

A Farm Stand for Electricity

As originally published on suncommunitynews.com. Imagine sashaying down to the local farmers market one weekend for chard, tomatoes and a little locally sourced electricity. While a bit of a stretch, obviously, this scenario is not as far-fetched as it might seem. Indeed, Saranac Lake Community Solar plans to set up this summer at the local market to entice subscribers to sign up for energy from the sun, generated just a few miles north of the village on Rt. 86. Community solar is part of a growing energy model across the country targeting users who are interested in green energy, but...

US Solar Plants Now Expected to Run for More Than 30 Years: Berkeley Lab

Big solar plants are getting cheaper to run and expectations for their useful operational lives keep getting longer, according to a new survey of U.S. solar industry professionals. By the end of 2019, a cumulative total of 76 gigawatts of solar had been installed in the United States, according to the Solar Energy Industries Association and Wood Mackenzie Power & Renewables. The learning-by-doing involved with growing the sector is reflected in steadily improving performance benchmarks. Read...

Tap into Locally Generated Green Power

The first Community Solar Farm in the Adirondacks is expected to start generating energy in 2020. Sunvestment Energy Group and RER Energy are collaborating to build and operate a community solar farm in Saranac Lake on state Route 86, just past Lake Colby. The property is owned by one of AdkAction’s founding board members and past board Chairman Lee Keet. Lee purchased the 22-acre property back in 1999 because Walmart was looking to build a store on the site and he thought it was in the best interests of the community to keep the megaretailer out. Now, instead of having a Walmart on the...

Sunvestment and RER Energy are teaming up to build and operate community solar at Saranac Lake

This village is expected to be the home of the first community solar project in the Adirondack Park. Solar power companies Sunvestment Energy Group and RER Energy of Rochester and Reading, Pennsylvania, respectively, are teaming up to build and operate a community solar project on state Route 86, just past Lake Colby heading toward Gabriels, which will provide solar energy to about 250 homes. Residents can start subscribing for the service in March, and the project is expected to be operational by summer. Read...