SunEdison Inc. (NYSE: SUNE) announced Nov. 6 that it has completed construction on New Hampshire’s largest solar power plant, a 942-kW (dc) facility for the town of Peterborough.
SunEdison will supply solar energy generated by this system to the town over the next 20 years, saving taxpayers an estimated $250,000 on energy. The Peterborough solar system is expected to generate more than 100% of the town’s waste water treatment facility’s electricity needs.
“The town of Peterborough is blazing the trail for more renewable energy projects in New Hampshire,” said Tom Leyden, SunEdison’s vice president of partner development. “Solar projects like this one save taxpayer’s money and bring new economic activity to the area in the form of construction jobs and land lease payments. And because we’ve worked with dozens of municipal customers, we know how to meet their unique needs in even the most challenging circumstances—in this instance we’re constructing the solar system on a capped waste water lagoon at the town’s waste water treatment plant.”
“The town of Peterborough welcomes the new solar power plant, which is a part of our plan to reduce our carbon dioxide emissions while generating energy savings,” said Rodney Bartlett, Peterborough’s town administrator.
SunEdison collaborated with Borrego Solar, a leading developer, designer, installer, and operations and maintenance provider of commercial solar, to complete the project after acquiring it from Borrego Solar earlier in 2015.
“Borrego Solar welcomed the opportunity to collaborate with SunEdison to complete this solar project for Peterborough,” said Chris Anderson, Borrego Solar’s senior vice president and co-founder. “SunEdison’s world-class financing and project management expertise were tremendous assets and helped us complete this project on time.”
The system was funded in part by a grant from the New Hampshire Public Utility Commission. Operation and maintenance of the solar systems will be performed by SunEdison Services, which provides global asset management, monitoring and reporting services.
SunEdison develops, finances, installs, owns and operates renewable power plants, delivering predictably priced electricity to its residential, commercial, government and utility customers. SunEdison is one of the world’s largest renewable energy asset managers and provides customers with asset management, operations and maintenance, monitoring and reporting services. Corporate headquarters are in the United States with additional offices and technology manufacturing around the world.
Established in 1980, Borrego Solar Systems Inc. is one of the nation’s leading designers, developers, installers, O&M providers and financiers of commercial and utility solar power systems. With more than three decades of experience and more than 1,100 solar power installations completed—totaling over 180 MW—Borrego Solar offers a complete line of solar system design and installation services throughout North America.