PV installer Borrego Solar and renewable energy provider sPower have begun construction on a solar installation in Suffolk County, Long Island, New York.
The plant, which be built in the town of Riverhead, will operate on sPower-owned land and will have a generating capacity of 9.1MWdc/6.3MWac.
This will be the third solar project in Suffolk County built between sPower and Borrego Solar. These plants will provide power to utility Public Service Enterprise Group – Long Island (PSEG-LI) through the company’s Clean Solar Feed-In-Tariff (FIT) program. sPower has already signed a 20-year power purchase agreement with PSEG-LI.
Mike Hall, CEO of Borrego Solar, said: “These projects mark Borrego and sPower’s second portfolio under a utility FIT program—the first being an 8.3MW portfolio under Southern California Edison’s California Renewable Energy Small Tariff. Our partnership with sPower has been truly symbiotic. sPower is able to identify viable projects across the country early on, they have a strong balance sheet, and they’ve vertically integrated the processes of land acquisition, development, financing and long term ownership, making our experience with them not only smooth and efficient, but transparent as well. We look forward to building many more megawatts of solar capacity for them.”
Once completed, the Riverhead plant is expected to produce enough clean energy to power around 1,100 homes annually while also displacing 8,300 metric tonnes of carbon dioxide per year.