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Peck completes and sells 1.6 MW of solar arrays in northeast US

Solar array. Author: David Goehring. License: Creative Commons

January 16 (Renewables Now) - US commercial solar engineering, procurement and construction (EPC) company The Peck Company Holdings Inc (NASDAQ:PECK) on Thursday said it had completed the installation and sale of two solar arrays with a combined capacity of 1.6 MW in the northeast region of the US.

The two projects, completed in the final quarter of 2019, were developed under an agreement with one of the company's customers that covers the construction of a total of 7 MW of commercial-scale solar photovoltaic (PV) arrays.

Peck said in June that the projects were expected to generate around USD 17 million (EUR 15m) in revenues. All solar arrays are backed with long-term power purchase agreements (PPAs) with municipal off-takers.

(USD 1.0 = EUR 0.896)

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Before joining Renewables Now, Alex was a UK-focused business news reporter. Now she is covering global news from the renewable energy industry with a special interest in M&A.

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