5 Boralex Inc. photo voltaic farms totaling 540 MW of technology and 77 MW of storage have been chosen by the New York State Energy Research and Development Authority (NYSERDA) as a part of its 2021 solicitation for utility-scale renewable power certificates.
As soon as constructed, the photo voltaic farms will generate greater than 1 TWh of photo voltaic electrical energy yearly, sufficient to energy greater than 141,200 properties.
The chosen tasks will likely be situated throughout upstate New York. Fort Covington Photo voltaic Farm is a 250 MW photo voltaic farm paired with a 77 MW storage challenge. The photo voltaic farm is within the City of Fort Covington in Franklin County and is estimated to generate 473,040 MWh yearly. Boralex is partnering with Savion LLC to develop the battery power storage system, which has an anticipated 308 MWh power storage capability, and will likely be within the City of Brookhaven’s hamlet of Yaphank in Suffolk County.
Newport Photo voltaic Farm is a 130 MW photo voltaic farm within the City of Deerfield in Oneida County and City of Newport in Herkimer County, estimated to generate 244,842 MWh yearly.
Fort Edward Photo voltaic Farm is a 100 MW photo voltaic farm within the Cities of Argyle and Fort Edward in Washington County, estimated to generate 192,720 MWh yearly. Foothills Photo voltaic Farm is a 40 MW photo voltaic farm within the City of Mayfield in Fulton County, estimated to generate 75,336 MWh yearly. Easton Photo voltaic Farm is a 20 MW photo voltaic farm situated within the City of Easton in Washington County, estimated to generate 38,369 MWh yearly.
Additional, in keeping with the corporate’s environmental, social and governance priorities, Boralex has created the Past Renewables Fund to supply help to host and deprived communities. Sources will likely be given to native companions centered on STEM training and workforce growth programming for the size of the services’ operations.
“This announcement solidifies Boralex’s position in New York State’s power market throughout this important enlargement of renewable electrical energy technology,” says Patrick Decostre, president and CEO of Boralex. “These tasks showcase the strategic, inventive approaches to photo voltaic farm growth and group engagement our status is constructed on. I’m pleased with the Boralex staff and their efforts to create clear, aggressive power.”
“The massive-scale photo voltaic tasks introduced, together with 5 Boralex tasks, deliver New York State considerably nearer to reaching our clear power objectives and transitioning us towards a zero-emission electrical energy system,” says Doreen M. Harris, NYSERDA’s president and CEO. “NYSERDA seems to be ahead to working with Boralex to make sure these tasks are superior responsibly and with native enter to permit host communities to comprehend the important jobs and investments that can come from these photo voltaic farms.”
To additional New York State’s aim of 70% renewable electrical energy by 2030, NYSERDA launched its fifth request for proposals April 2021 for the acquisition of New York Tier-1 Eligible Renewable Vitality Certificates (REC). RECs signify renewable electrical energy getting into the electrical energy grid. Every REC equals the environmental attributes of 1 MWh of electrical energy generated from a renewable supply, equivalent to photo voltaic.
This announcement begins a course of for Boralex and NYSERDA to execute 20-year renewable power customary agreements for the acquisition of RECs related to the power manufacturing of the chosen tasks. The power related to the RECs should be consumed inside New York State. The value of the RECs will likely be listed to a reference power and capability worth, which is able to hedge the tasks’ service provider power and capability revenues, obviating a necessity for the tasks to acquire a separate long run offtake settlement for the sale of power and capability.
“Fort Edward welcomes at present’s information and is happy to be a part of an effort to create clear, renewable power,” states Fort Edward City Supervisor Timothy Fisher. “We sit up for watching the challenge’s progress and the financial advantages hooked up to photo voltaic farm growth.”
“At Cornell Cooperative Extension, we assist our communities handle youth growth, financial vitality, ecological sustainability, and social well-being by means of training,” feedback Brian Gilchrist, govt director of Cornell Cooperative Extension of Washington County, which is able to obtain funding as a part of Boralex’s group engagement plans. “Assist from Boralex and their Past Renewables Fund will enable us to reinforce our outreach and develop our programming, and we’re excited to see how this partnership will develop over the following years and many years.”