Standard Solar buys 21 MW of community solar in NY, Massachusetts
- US developer Standard Solar has acquired a portfolio with 21 MW of prepared community solar projects in New York as well as Massachusetts in a transaction that enables it to increase its presence in the Northeast of the USA.
The firm claimed on Wednesday it had acquired three projects from Massachusetts-based designer New Leaf Energy without divulging the value of the bargain.
One of the projects will lead to a solar-plus-storage hybrid power plant. This is the Copicut project in Freetown, Massachusetts, which will connect a solar farm of over 12 MW with a 22-MWh storage space system. The project received an honor from the state's Solar Massachusetts Renewable Target (SMART) programme, which supplies incentives for solar and storage space growth.
Another project in Massachusetts, the virtually 3-MW Main Street Newbury solar system, is totally signed up for commercial and household subscribers in the village of Byfield and the surrounding location.
The third acquired project is the Saunders Settlement in Sanborn, New York. Saunders Settlement will be a solar farm of over 6 MW with a projected manufacturing output of 8,861 MWh every year, Standard Solar stated.