Month: November 2017

New York City to develop largest private multi-family rooftop PV array in US

StuyTown Property Services (SPS), the manager of Manhattan’s largest residential property, will install a 3.8MW PV energy system across the eight hectares of rooftop space at the Stuyvesant Town and Peter Cooper Village.

The building complex on the east side of Manhattan in New York City is home to 27,000 residents and represents 1.7% of the population of Manhattan. The PV project will start development in the fall of 2017.

The rooftop project, which will be comprised of 9,671 solar panels, will be the largest private multi-family rooftop solar array in the US, tripling Manhattan’s current solar generating capacity.

Once complete in 2019, the rooftop project will generate 6% of the total energy consumed by StuyTown’s 110 residential addresses, or the equivalent of powering 1,035 New York apartments annually.

The PV project will be installed atop all 56 buildings in the development, with the solar arrays expected to have a 30-year lifespan.

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ABP invests over US$384 million in three utility-scale PV projects in US

Netherlands-based pension fund Stichting Pensioenfonds ABP has agreed to invest over US$384 million in three PV projects in the US, with the trio of installations representing a combined generation capacity of 858MW.

The three utility-scale projects, located in Nevada and California, are all owned by Capital Dynamics.

The first project, the 250MW Moapa Solar Park, is the first PV project fully developed on a Native American reservation. The installation was brought online by First Solar back in March 2017.

The project has a 25-year PPA with the Los Angeles Department of Water and Power (LADWP), producing enough clean energy to power around 111,000 homes in LA.

The second project, the 328MW Mount Signal 3 PV project near Calexico, California, was acquired by Capital Dynamics from project developer 8minutenergy back in July 2017.

First Solar will provide 2.8 million Series 4 thin-film panels for the plant, while Southern California Edison (SCE) and 8minutenergy signed off on a long-term power purchase agreement in 2014 to deliver the project’s energy to residents in 15 surrounding counties. 8minutenergy will continue to oversee construction, with the project expected to come online by the end of 2018.

The final project, the 280MW California Flats solar project in Monterey County, was sold to Capital Dynamics from First Solar back in August 2017.

Corien Wortmann-Kool, chairman of ABP, added: “This investment is in line with our ambition to increase the number of investments in renewable energy, such as solar energy, by 2020.

“ABP wants to make its contribution to reaching the climate goals of Paris. All three solar parks have concluded long-term contracts with energy companies. This gives them a long-term and stable return for our participants. With this investment, ABP continues the rising line of investments in renewable energy.”

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