540 MW Boralex Solar Farms & 77 MW of Storage To Add To New York Renewable Power

• Projects will certainly supply greater than 1 TWh of clean, sustainable electrical power annually as well as consist of Boralex's first storage project in the US

Quebec, Canada based Boralex Inc. has actually introduced 5 solar farms amounting to 540 MW of generation and 77 MW of storage have been selected by the New York State Energy Research and Development Authority (NYSERDA) as part of its 2021 request for utility-scale renewable energy certificates. Once constructed, the solar farms will create more than 1 TWh of solar power annually.

The selected photovoltaic or pv solar power generation projects will certainly lie across upstate New York:

• Fort Covington Solar Farm is a 250 MW solar farm paired with a 77 MW storage project. The solar farm remains in the Town of Fort Covington in Franklin County and also is estimated to create 473,040 MWh annually. Boralex solar farms is partnering with Savion, LLC to establish the battery power storage system, which has an anticipated 308 MWh energy storage capacity, and also will certainly be in the Town of Brookhaven's hamlet of Yaphank in Suffolk County.
• Newport Solar Farm is a 130 MW solar farm in the Town of Deerfield in Oneida County and also Town of Newport in Herkimer County, approximated to create 244,842 MWh annually.
• Fort Edward Solar Farm is a 100 MW solar farm in the Towns of Argyle and Fort Edward in Washington County, estimated to generate 192,720 MWh annually.
• Foothills Solar Farm is a 40 MW solar farm in the Town of Mayfield in Fulton County, approximated to generate 75,336 MWh annually.
• Easton Solar Farm is a 20 MW solar farm situated in the Town of Easton in Washington County, estimated to generate 38,369 MWh annually.

To further New York State's objective of 70% eco-friendly power by 2030, NYSERDA launched its 5th request for proposals April 2021 for the purchase of New York Tier-1 Eligible Renewable Resource Certificates (RECs). RECs stand for eco-friendly power getting in the electrical energy grid. Each REC equals the environmental features of one megawatt hour of power produced from a renewable resource, such as solar. This announcement begins a process for Boralex solar farms and NYSERDA to implement 20-year Renewable resource Criterion Agreements for the purchase of RECs connected with the power production of the picked projects. The power connected with the RECs have to be taken in within New York State. The rate of the RECs will certainly be indexed to a referral energy and capacity price, which will hedge the projects' seller energy and capacity revenues, preventing a requirement for the projects to get a different long-term offtake agreement for the sale of power and capacity.

Prior to sending these projects to NYSERDA, Boralex solar farms met landowners and also leaders in host areas to talk about the possible websites and chances. Appointments with stakeholders will certainly proceed throughout the advancement, construction, and also procedure of our websites. These projects are also continually optimized to ensure they fulfill the firm's return criteria.