New York grants 20-year PPA to Swift Current Energy for Mineral Basin solar project

November 21, 2023
Facebook
Twitter
LinkedIn
Reddit
Email
New York governor Kathy Hochul announces an initiative to install 6.4GW of new renewable capacity in the state. Image: Governor Kathy Hochul via Flickr

The New York State Energy Research and Development Authority (NYSERDA) has granted a 20-year power purchase agreement (PPA) to US renewable power company Swift Current Energy for its upcoming Mineral Basin solar project in the US state of Pennsylvania.

The 402MWac project, located on reclaimed coal mining sites in Clearfield County, was one of several projects to receive state support last month, as part of the New York state government’s plan to add 6.4GW of new renewable power capacity in and around the state.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

While Swift Current Energy will not begin construction at the Mineral Basin project until summer 2024, and does not plan to commission the facility until the second half of 2026, the award of a PPA is an important step in integrating the new project’s power capacity into the state’s energy grid.

“Clearfield County and Goshen and Girard Townships have contributed to the energy economy in the form of coal mining for generations,” said Swift Current Energy co-founder and CEO Eric Lammers.

“The development, construction and operation of the Mineral Basin solar project will continue the community’s leadership in energy production and show how former mine sites can be innovatively repurposed at scale for a new and restorative purpose in the nation’s energy landscape,” Lammers added.

The news follows New York governor Kathy Hochul’s announcement of a ten-point plan to grow the state’s renewable sector made last month.

This plan includes the launch of “an accelerated renewable energy procurement process”, and last week, NYSERDA announced that developers would be able to submit proposals for land-based renewable projects, such as solar PV, until 21 December. A second stage, for final proposals, is open until 31 January 2024, and the state will announce recipients of the permits by the end of April 2024.

“We remain committed in powering our state with affordable, zero-emission and reliable electricity,” said Hochul. “The release of this expedited and competitive solicitation process demonstrates our commitment to ensuring New York remains the place for the renewable energy industry to do business.”

Read Next

March 3, 2026
A consortium of companies led by Global Infrastructure Partners (GIP), a subsidiary of global asset owning giant BlackRock, is set to acquire US utility AES Corporation in a US$10.7 billion deal. 
March 2, 2026
Massachusetts’ state energy efficiency bill contains some positive support for solar energy but falls short on efforts to reduce energy bills, according to US renewables advocacy groups.
February 27, 2026
Despite posting strong revenue growth for 2025, US residential solar and energy storage installer Sunrun reported a decline in quarterly solar installation.
February 26, 2026
US engineering and manufacturing company MacLean-Fogg has acquired solar PV tracker and fixed-tilt solutions manufacturer OMCO Solar.
February 26, 2026
Developers are forecast to add a record 43.4GW of new solar PV capacity to the US power system in 2026, according to the EIA.
February 26, 2026
Power loss at solar PV projects has more than doubled in the last five years despite maturing markets and advancing technology, according to new data from US-based  solar asset analysis firm Raptor Maps.

Upcoming Events

Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain