UGE has signed agreements to develop, build, own, and operate a second community solar project in Peekskill, New York, adding to its existing portfolio.
The 1.6MW rooftop project is UGE’s largest yet in the metro-New York region. Atop the roofs of a storage facility in Westchester County, the project will provide clean, affordable energy to Con Edison subscribers that sign up to save on their electric utility bills. In total, the project is expected to offset the energy bills of approximately 236 energy users.
UGE was able to secure the contract through the Company’s unique approach of including roofing upgrades as part of the compensation to the real estate owner for hosting the solar facility. The building owner, a new client for UGE, will receive a new roof and 25 years of lease payments for hosting the system.
“This project provides an additional example of the strength and resiliency of the New York solar market,” said Mateo Chaskel, UGE USA’s Managing Director. “For years, UGE has been working with property owners to develop creative solar projects. We are excited to be at the forefront of the community solar industry, developing new projects that maximize benefits for real estate owners and energy users, while providing UGE with long term returns.”
The project adds 1.6MW to UGE’s project development backlog. The project is expected to be operational in mid-2022.
Interested consumers can visit www.ugei.com/community-solar-marketplace to register their interest in subscribing to one of UGE’s upcoming solar facilities.
UGE develops, owns, and operates commercial and community solar projects in the US and strategic markets abroad. Our distributed energy solutions deliver cheaper, cleaner energy to businesses and consumers with no upfront cost. With over 400MW of global experience, we work daily to power a more sustainable world. Visit us at www.ugei.com.
For more information, contact UGE at:
+1 917 720 5685
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