SCHENECTADY, N.Y. – The Metroplex Board of Directors met this evening and approved a $75,000 grant and a sales tax exemption for a fast-growing renewable energy firm that is setting up a new office in Downtown Schenectady. Pearce Renewables is leasing the top floor at 155 Erie Boulevard, a historic firehouse that was converted to office space by Spraragen Partners.
Pearce Renewables is the largest independent services provider in the renewable energy industry, providing repair, maintenance, and engineering services for solar, wind, electric vehicle (EV), and energy storage system customers nationwide.
“We are thrilled to open an office in downtown Schenectady and be part of such a great community,” said Zack Dorfman, Senior Vice President. “An office in Schenectady County will help us attract and retain the highest-quality talent in the industry. As a company, our culture is firmly planted in taking care of our people, our customers, and our communities.”
“We welcome Pearce Renewables to Schenectady County,” said Gary Hughes, Chair of the Schenectady County Legislature. “As a top technical services company in the rapidly growing green energy sector, they are expanding their operations to Downtown Schenectady and creating good-paying jobs right here in our community.”
Following the office space renovation, Pearce expects to locate 10 staff downtown to service GE Vernova and other customers throughout the United States. GE Vernova is investing $50 million, creating 200 new jobs at the company’s downtown campus to build onshore wind turbines.
Last year, Metroplex announced plans by Jupiter Bach, a tier-one supplier to the wind industry, to set up a new assembly plant in Rotterdam. The County’s economic development team is currently working with other wind suppliers interested in locating operations in Schenectady.
Spraragen Partners have renovated a number of buildings in downtown Schenectady in recent years, including The Benjamin at 430 Franklin and 530 Franklin Street.