March 27 (Renewables Now) - Canadian solar company UGE International Ltd (CVE:UGE) has signed agreements to develop, build and finance 9.4 MW of community solar projects in the US.
The largest of the three will be a 6.6-MW installation at a corporate campus in Westchester, New York, which is 12-15 times the size of an average project for UGE, the company said today. It has reserved the option to add battery storage capacity to the system.
The second agreement covers a 1.7-MW portfolio stretching across nine sites in New York City. UGE said the project comes from a repeat customer and involves rooftop installations.
The third project will be set in the US state of Maine, where UGE will develop, build and finance a 1.1-MW community solar installation. The solar array will feed electricity directly into the grid as part of the state’s net-metering framework.
The portfolios have a combined estimated present value of close to USD 20 million (EUR 18.1m), the company added. UGE expects to finalise the projects through the end of 2021.
(USD 1.0 = EUR 0.906)