Search sponsor
Gestamp Solar and Real Goods Solar have entered an agreement to construct a total of 4.8MW of PV projects, the companies have announced. The companies are jointly developing two PV plants in Vermont; a 2.3MW project in Pownal and a 2.5MW installation in Williamstown. Both projects are expected to begin construction at the end of July and are estimated to be completed by the end of 2012. RGS Energy, a Real Goods Solar division, is responsible for the design and installation of the projects while Gestamp Solar will own and operate the ground-mounted systems.
The energy generated will be purchased under Vermont’s Standard Offer Program feed-in tariff, which is part of the Sustainably Priced Energy Development program (SPEED). Paolo Otin, vice president of Gestamp Solar, commented: "Vermont's feed-in-tariff has made it one of the more attractive locations for solar development in the country. Gestamp Solar is thrilled about expanding the state's solar footprint."
