Standard Solar acquires 21MW community solar projects in two US states

Facebook
Twitter
LinkedIn
Reddit
Email
One of the projects in Massachusetts received incentives before. Image: Getty

Brookfield Renewable’s subsidiary Standard Solar has acquired a portfolio of 21MW solar projects in New York State and Massachusetts from New Leaf Energy.

The Copicut project is located in Freetown, Massachusetts. It is a single-axis tracker solar plus battery storage project with over 12MW of solar and 22MWh of storage. After completion, the project will produce 17.9GWh of energy annually. The project received incentives from the state’s Solar Massachusetts Renewable Target (SMART) programme.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Another project located in Massachusetts is the 3MW Main Street Newbury system. Fully subscribed by commercial and residential subscribers in Byfield, the project produces 3.6GWh of clean energy annually. 

The last project is situated in Sanborn, New York State. Its capacity is over 6MW, and is expected to produce about 8.9GWh annually. 

“These projects go a long way toward increasing affordable energy in the Northeast. Meeting the growing demand across the country for community solar is critical to growing an equitable clean energy economy,” said Harry Benson, director of business development at Standard Solar. 

Earlier this week, Brookfield Renewable acquired a 50% stake in renewables developer X-Elio from its joint venture partner and investment firm KKR. After the transaction, Brookfield Renewable will have full control of X-Elio. In 2015, KKR invested in X-Elio, while Brookfield Renewable acquired a 50% stake from KKR. Over the years, X-Elio has received more than US$2 billion of investment from the two companies.

Read Next

June 25, 2024
New modelling shows that electrification and flexibility can slash average day-ahead energy prices by 25% by 2030, and by 33% by 2040.
Premium
April 1, 2024
Gareth Simkins examines the winning projects of AR5 and looks ahead to assess how solar is likely to fare in future rounds.
February 13, 2024
Standard Solar has acquired an 84MW community solar portfolio in the US state of Illinois, at which it plans to begin construction this year.
January 11, 2024
New York Power Authority is seeking to collaborate with renewable energy and energy storage developers and operators.
December 5, 2023
US renewable developer energyRe has raised US$1.2 billion for a number of projects, including solar-plus-storage and transmission work.
November 16, 2023
A round up of the most recent community solar developments from the US, including a 12MW portfolio acquisition by Standard Solar from New Leaf Energy, construction plans for a 15MW cluster in Illinois and the winners of the Department of Energy’s community solar awards.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
July 31, 2024
1:00 PM (BST) / 2:00PM (CEST)
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia
Solar Media Events
October 8, 2024
San Francisco Bay Area, USA