|
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
. | ![]() |
. |
|
![]() |
![]() by Staff Writers San Diego CA (SPX) Feb 24, 2015
Borrego Solar Systems has announced that it is about to commence construction of a 3.9 megawatts (MW) (DC) wholesale distributed generation (WDG) solar PV system in Suffolk County, Long Island, New York. The project was originally developed by local developer STR Systems NY, LLC and will be financed by General Energy Solutions (GES), a global solar module manufacturer, system financier and system owner. Located in Calverton, New York, on private industrial zoned land, the project will supply energy to PSEG-LI as a result of the utility's first Clean Solar Initiative Feed-in-Tariff (FIT) program. Under the program, PSEG-LI agrees to purchase solar PV energy at a fixed rate of $.22/kWh over the 20-year term of a Power Purchase Agreement (PPA). The project will generate enough clean renewable electricity to power 600 homes and will provide local jobs through construction and long term operation and maintenance. "We're excited to be a part of this project-it's among the first Clean Solar Initiative FIT program projects in this size class to commence construction," said Brian von Moos, VP of utility project development at Borrego Solar. "Having been involved with the project through the early phases of development, it is rewarding to have the development and financing phases behind us and to be moving full force into construction." "This project is a great example of the benefits of involving a reputable development value add EPC firm such as Borrego Solar early in the development phase," said Kai Lin, GES project manager. "As the project is passed from developer to project owner Borrego acts as the glue that provides consistency to the project backed with a bonded competitive EPC price." The popularity of the first FIT program has paved the way for PSEG-LI's second larger program, the Clean Solar Initiative Feed-In Tariff II. With a 100 MW limit, the FIT II program collected offers early this year and projects are currently going through the interconnection study process before signing up to PPA's. "Although it may take some time for the FIT II projects to make their way through the development cycle, we expect to see more announcements shortly of additional large scale FIT I projects breaking ground," said Aaron Halimi, director of utility project development at Borrego Solar. The project is Borrego Solar and GES's second project together in New York-the first being a 2.5 MW project for Houghton College in Western New York, which will be completed in April 2015. This is Borrego Solar's second project under PSEG-LI's FIT I program under construction. The first is a 6.3 MW AC project with sPower (Sustainable Power Group).
Related Links Borrego Solar Systems All About Solar Energy at SolarDaily.com
|
![]() |
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service. |