GCEDC accepts application for incentives for new Plug Power facility rbj.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rbj.net Daily Mail and Mail on Sunday newspapers.
Updated: 10:52 AM EST March 5, 2021
BATAVIA, N.Y. The Genesee County Economic Development Center (GCEDC) announced Friday they have accepted an initial application for incentives from Plug Power Inc. for a proposed $232.7 million green energy technology facility at Western New York Science & Technology Advanced Manufacturing Park (STAMP).
The board accepted the proposal for the 20-year PILOT agreement at its March 4 meeting.
According to the GCEDC, Plug Power will produce green hydrogen using an electrolysis process of water utilizing renewable hydropower.
They say Plug Power would pay approximately $2.3 million annually to support local municipalities and infrastructure in Genesee County, the Town of Alabama, where the facility will be located, and the Oakfield-Alabama Central School District.