New energy stocksa wholly owned subsidiary of ALLETE, has brought online the 7 MW Moriah Community Solar project in Moriah, New York.
New Energy Equity is leasing the land for the project in New York’s Adirondack region from a local resident, guaranteeing a new income stream for their family for decades to come.
“Moriah Community Solar reflects our mission of building solar projects that generate reliable energy and sustainable economic value,” said Josh Kunkel, president and CEO of New Energy Equity. “The benefits don’t stop with the landowners we work with. Communities also enjoy the benefits of increased revenue for schools, public safety, services and an increased electricity supply that can be used locally.”
National Grid customers in New York State will also be able to enroll in community solar and receive utility bill credits for their share of the power generated by Moriah and other community solar projects.
New Energy Equity developed this project together with East Side Solar Holdings. Radiance Solar built the Moriah project.
“Radiance Solar is committed to quality, safety and reliability,” said Gordon Hilburn, VP Operations at Radiance Solar. “Partnering with a company like New Energy Equity, who shares our commitment, made it possible to complete this new source of electricity for the people of New York.”
“We are proud to have taken the Moriah Community Solar project from concept to a fully operational clean energy project in New York’s Adirondack region,” said Mark Coles, Managing Director of East Side Solar Holdings. “New Energy Equity has been an exceptional partner and steward of the project, successfully delivering construction and commercially operating it. We look forward to working together again as we expand our community solar development pipeline in New York and beyond.”
News item from New Energy Equity
