sPower and utility PSEG Long Island have completed a PV installation in Riverhead, New York. The project has an installed generation capacity of 20MW and will generate power for approximately 2,870 homes on a yearly basis.
Independent Power Producer sPower has entered into a strategic solar tracker supply deal with Array Technologies for multi-gigawatts of planned PV power plants, cementing a business relationship established over the last four years, according to Array Technologies.
The US$1.6 billion sale of major US utility-scale solar developer and operator FTP Power LLC (sPower) to AES Corporation and Canada-based investment manager Alberta Investment Management Corporation (AIMCo) has been completed.
Major global power firm AES Corporation and Canada-based investment manager Alberta Investment Management Corporation (AIMCo) have agreed to acquire utility-scale solar developer sPower from Fir Tree Partners and its minority owners.