Constellation Energy has announced its partnership with Holyoke Gas & Electric (HG&E) for the production of a 4.5MW solar installation in Holyoke, Massachusetts. The installation is stated as being the largest in western Massachusetts is expected to begin commercial operation this summer. Using 18,400 SolarWorld PV ground-mounted panels at two locations, the power system will generate 5.5 million kilowatt-hours of electricity each year.
“HG&E is committed to continuing to provide our customers with cost-competitive and clean electricity,” said James Lavelle, manager of Holyoke Gas & Electric. “HG&E currently offers its customers some of the lowest retail electric rates available in the Commonwealth and has a carbon footprint that is 25% of the average New England utility. Through this solar power purchase agreement with Constellation Energy, we are able to ensure affordability and price stability for our customers, and promote Holyoke as a more attractive location for new and existing industry, with no upfront capital expenditure. And, we’re partnering with an energy company that has the financial backing and experience to design and construct a system that is best suited for our needs.”
Constellation Energy will build, own and maintain the system while HG&E has agreed to purchase all produced electricity under a 20-year PPA at a fixed cost less than projected market rates.