SunEdison to build 14 MW of Long Island solar capacity
Solar system. Author: Mike Weber. License: Creative Commons, Attribution 2.0 Generic
US renewables developer SunEdison Inc (NYSE:SUNE) has inked deals to build seven solar power plants on Long Island with a combined capacity of 14 MW direct current (DC).
The contracts are with five municipal entities and were awarded as part of the Long Island Power Authority's (LIPA) 100-MW solar feed-in tariff (FiT) programme, SunEdison said last week. The plants are expected to produce enough power to meet the needs of over 1,100 households. The electricity will be sold to LIPA under 20-year power purchase agreements (PPAs).
SunEdison's yieldco, TerraForm Power Inc (NASDAQ:TERP), is to acquire the solar facilities upon completion.
The developer recently said it has won contracts to build 33 MW DC of rooftop solar projects in California as part of the fourth request for offers under the solar photovoltaic programme of electric utility Southern California Edison (SCE).