Borrego Solar and sPower has announced that they are starting construction on a solar project located in Suffolk County, Long Island, New York.
The facility, located in the Town of Riverhead will have the capacity to produce 6.3MW of solar energy on completion.
Once the production begins, the sPower project is expected to generate enough energy to serve the electrical needs of about 1,100 homes per year, displacing roughly 8,300 metric tons of carbon every year.
Currently, sPower has two additional projects in Suffolk County, under development with Borrego Solar responsible for the EPC.
Under first Clean Solar Initiative Feed-in-Tariff (FIT) program of the utility, the generated energy will be supplied to PSEG-LI. Through this project, sPower will be the owner of largest portfolio of solar facilities under this program.
The facility has been designed to be a very clean, very safe and very quiet neighbor. With Borrego, it will be able to start providing reliable, renewable power to PSEG-LI rate payers while creating local sustainable jobs, said, Ryan Creamer, CEO, sPower.
Based on earlier track record of teaming with Borrego and the support and commitment from PSEG-LI, the pieces have begun to fall into place for these projects. As a diversified EPC, Borrego is used to filling many roles, making them a reliable and knowledgeable partner, added Creamer.
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, said, Mike Hall, CEO, Borrego Solar.
sPower has signed for a 20-year power purchase agreement with PSEG-LI at a fixed rate of $0.22/kWh. PSEG-LI launched the FIT program to enhance clean energy portfolio with local workers.
Vishal Kawarkar
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