Greenbacker buys ownership rights to 110 MW NY Solar Portfolio in Greene and Albany
Greenbacker Renewable Energy Company LLC, through a wholly-owned subsidiary, has signed the rights to an approximately 110 megawatt portfolio of solar projects located in Greene and Albany counties, New York from Hecate Energy LLC. Construction and equipment procurement of the facilities commenced in 2019, with closings to take place throughout 2020 and the facilities are expected to achieve commercial operations in 2021.
The projects will source labor, material, and equipment within New York State. Once operational, the NY Solar Portfolio will generate enough electricity to power approximately 23,000 homes. The portfolio will sell a portion of the renewable energy credits generated to an investment grade off-taker through a 20-year fixed price contract and will sell the remaining portion of energy and REC attributes generated to two utilities through fixed price 20-year contracts.
Country updates
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January 22, 2020
Centaurus Renewable Energy starts operation of 200 MW Wright Solar project in San Mateo County
Centaurus Renewable Energy has started the commercial operation of the 200 MW Wright solar photovoltaic project located in San Mateo County in the Central Valley, California, USA. Pen...
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January 22, 2020
Duke Energy Renewables commissions 200 MW Mesteño wind project in Starr County
Duke Energy Renewables, a commercial business unit of Duke Energy, has commissioned its 200 megawatt (MW) Mesteño Windpower project in Starr County, Texas. The project’s output will be s...
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January 21, 2020
Semco Maritime and Bladt Industries to develop offshore substation for 804 MW Mayflower offshore wind project in Nantucket
Mayflower Wind Energy LLC (a joint venture of Shell New Energies US LLC and EDPR Offshore North America LLC) has awarded a contract for the fabrication and delivery of the Mayflower Wind project&rsquo...
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January 21, 2020
Clearway completes financing of Community Solar Fund V
Clearway Energy Group has closed financing on its Community Solar Fund V - a diversified portfolio of 21 projects totaling 76 MWdc across Illinois, Massachusetts, Minnesota, and New York.&nb...
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January 20, 2020
Arlington County, Amazon to purchase energy from 120 MW solar project of Dominion Energy
The Arlington County Board has approved a partnership with Dominion Energy Virginia to purchase power from a solar farm in southern Virginia. Dominion Energy is set to build the solar project in...
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