Governor Paterson last Friday announced the results of an RFP that the state issued in April of 2008 for a solar power project on Long Island. BP Solar will build a 36.9 megawatt facility at Brookhaven National Laboratory and enXco a 13.1 megawatt series of installations across public and private properties in Nassau and Suffolk Counties. 50 megawatts of solar power would triple New York State’s current capacity and serve 6500 residential LIPA customers annually. NYSERDA has already given LIPA $15 million for the project while it negotiates power purchase agreements (“PPAs”) with BP and enXco; these agreements typically run for twenty (20) years and contemplate the PPA provider (here, BP and enXco) selling the electricity generated by the installation to a utility company during the course of the agreement. LIPA will make the terms of these particular PPAs available once executed. According to GlobeSt.com, LIPA is attempting to secure stimulus dollars for the project. Note that the project would be eligible for the federal solar power tax credit (extended under TARP through the end of 2016) provided that it is operational before December 31, 2016; the available credit is equal to 30 percent of the cost of the installation and there is no maximum credit limit.
Tag Archives | clean energy
NYSERDA Tests High-Rise Wind Power Installation at Corning Tower in Albany
By Stephen Del Percio on February 11, 2009 in Alternative Energy, Intellectual Property & Technology, Upstate
Swift Wind Turbines, as these devices are known, are designed specifically for rooftop operation and are being tested in Albany for viability throughout New York State.
Chautauqua Wind Energy to Capture Green Power Upstate
By Stephen Del Percio on August 12, 2008 in Alternative Energy, Intellectual Property & Technology, New York City, Upstate
Based in what it believes is prime wind energy country upstate, the company plans to move into the fledgling market for smaller scale, residential wind turbines beginning this fall.
LIPA About to Level Major Blow on Clean Energy in New York
The Long Island Power Authority’s (“LIPA”) 140 megawatt, $811 million Offshore Wind Park project- one of the New York City metropolitan area’s most controversial projects in recent memory- appears to be dead in the water. The Wind Park was to be located off Long Island’s South Shore, about 3.6 miles into the Atlantic from Jones […]
