Sutter and Sterlington projects comprise the sPower Riverhead Solar Farm and are part of PSEG-LIs Clean Solar Initiative Feed-In-Tariff Program
SALT LAKE CITY & SAN DIEGO--sPower, a leading renewable energy provider, and Borrego Solar Systems Inc., a prominent designer, developer, installer and financier of grid-tied solar photovoltaic (PV) systems, today announced the completion of and connection to PSEG-LIs electrical grid of the sPower Sutter and Sterlington solar projects in the Town of Riverhead, Suffolk County, Long Island. The two projects comprise the sPower Riverhead Solar Farm. With a combined system size of 6.3MWac (9.1MWdc), Riverhead Solar will produce more than 12 million kilowatt-hours of energy annually, enough to power 1,100 homes.
"Bringing the Riverhead Solar project online required a coordinated collaboration from all parties from our EPC partner to PSEG-LI to local municipalities. We are pleased to have successfully achieved commercial operation," said Ryan Creamer, sPower CEO.
sPower has a third project in Suffolk County under construction with Borrego Solar as the EPC. All three projects will supply energy to PSEG-LI under the utilitys first Clean Solar Initiative Feed-in-Tariff (FIT) program and will make sPower the owner of the largest portfolio of solar facilities under the program. The projects are the largest to come online under the FIT program and are among the first completed utility-scale solar projects in New York State.
"These projects are a great example of successful solar development work on behalf of sPower," said Brian von Moos, VP of Utility Project Development at Borrego Solar. "The site is adjacent to a substation, which makes interconnecting with PSEG-LI ideal. The project is located on industrially zoned land. Coupled with the landscaping plan we developed with the city, the project will largely be out of sight to neighbors. Another benefit is that the Riverhead project will generate renewable power where it is being consumed on the island."
The sPower Riverhead Solar Farm is expected to generate enough clean energy to offset roughly 3,400 metric tons of carbon dioxide equivalents annually - which equates to taking more than 720 cars off the road each year, or the same amount of carbon that would be sequestered by 2,830 acres of mature U.S. forests annually1.
sPower and Borrego Solar have partnered on nearly 39MW of solar projects in California, Massachusetts and New York.
About sPower: Headquartered in Salt Lake City, with offices in San Francisco, Long Beach and New York City, sPower is a leading independent power producer (IPP) that owns and/or operates more than 150 utility and commercial distributed electrical generation systems across the United States and the UK. With greater than 1.7 gigawatts between construction and pipeline, sPower is actively buying select renewable assets in virtually any stage of development in North America and the UK. sPower is a portfolio company of Fir Tree Partners, a global investment fund with more than 20 years of investing history and approximately $13 billion of capital under management. www.spower.com
About Borrego Solar
Established in 1980, Borrego Solar Systems Inc. is one of the nations leading designers, developers, installers, O&M providers and financiers of commercial and utility solar power systems. Borrego Solars photovoltaic systems are efficient, reliable and cost-effective. With more than three decades of experience and more than 1,100 solar power installations completed—totaling over 170 megawatts—Borrego Solar offers a complete line of solar system design and installation services throughout North America. Borrego Solar is a market leader across the United States in the commercial solar space with the largest market share in New York in Q3 2015, according to Greentech Media Research. For more information, visit www.borregosolar.com.