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 | Long Island
On Long Island, local residents are proving that sustainability isn’t a panacea for bold modern architecture.
A new law in Southampton that would require all new pool heaters to be solar-powered is facing stern opposition from industry groups.
Huntington, Long Island has approved a LEED-based financial incentive program to encourage local developers in building green.
It appears that Nassau County on Long Island is about to mandate LEED for public projects greater than 5,000 square feet or budgeted at $1 million or more. County Executive Thomas Suozzi announced at a press conference on Monday in Mineola that his proposal (also sponsored by legislators from Merrick and Oceanside) was approved by […]