PSEG Long Island Picks Companies to Build 100 MW of Solar Projects
PSEG Long Island has selected 55 entities to build 76 solar power projects totaling 100 MW at various locations on Long Island.
The selected projects were chosen through the second phase of Long Island Power Authority’s Clean Solar Initiative Feed-in Tariff program. In the first phase of the FIT program, 50 MW of solar power projects were selected through a solicitation, and they entered service in 2014.
PSEG operates LIPA’s transmission and distribution system.
The winners in the FIT II program are in the process of securing power purchase agreements for the electrical output of their projects. The final bid price in the solicitation was 16.88 cents/kWh. Entities that fail to sign a PPA by the mid-June deadline will lose their place in the queue and be replaced by the next bidder in line.
So far, 19 projects totaling about 25 MW have signed PPAs for solar projects under FIT II. They are all expected to enter service by October 2016. The names of the entities that have yet to sign PPAs have not been released.
SunEdison, Belmont, Calif., has signed agreements with five Long Island municipalities for seven solar plants totaling of about 11.5 MW.
Under those agreements, electricity would be sold to LIPA through 20-year PPAs with the Town of Southold, the Town of Easthampton, Nassau County, Suffolk County and the Suffolk County Water Authority. The projects are in Cutchogue, East Hampton, Holbrook, Wantagh, and Westhampton Beach.
Solar Liberty Energy Systems of Buffalo has signed PPAs for about 8.9 MW of solar power for five projects in Babylon.
SYBAC Solar of Melville, N.Y., signed PPAs for about 4.7 MW of solar projects in Shirley.
And two other entities, NEXAMP Capital and Tanger Factory Outlet Centers, signed PPAs for their projects, 208 kW and 1.2 MW in Syosset and Riverhead, respectively.