ArcStar Energy Announcement

ArcStar Engaged to Provide Market Penetration Support Services in NY Utility REV Procurements

Under separate agreements, ArcStar will acquire high-value solar, fuel cell and energy storage sites and provide development and utility bid submission support services to a multinational utility renewable energy developer and a New York microgrid developer. The engagements entail 100MW of utility scale solar projects and 5MW of utility fuel cell and energy storage projects in active New York utility energy procurements.

ArcStar Energy brings decades of hands-on experience in every aspect of Greater Metropolitan New York City area distributed renewable energy site and project acquisition, development, and market advisory services in utility and commercial applications.

The complexities of this unique and concentrated market require specialized knowledge, expertise and experience in order to craft a successful market strategy and achieve its objectives.

This region has the highest level of electrical demand, the greatest amount of network congestion and the highest commercial electricity rates in the nation. It’s urban density defines solar, fuel cells and energy storage as the only emission-free solutions available to utilities to meet NY Public Service Commission mandates to acquire 50 percent of their total generation from renewable energy sources by 2030. Their ability to operate on either side of the utility meter makes this region the largest market opportunity in the state for these distributed generation technologies.

Our Core Purpose and Strength in New York State

Our core purpose is to extend or augment our client’s reach into this long term market for renewable energy generation and storage. Our many years deeply engaged in all aspects of the energy business in this area of the state where we live and work is the core strength we bring to every client.

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Client Contact
Brent O'Connor