Standard solar energy has acquired an 18.5 MW solar portfolio with six projects in Vermont from local developer MHG Solar, which will supply energy to the state’s electric utilities under the Standard Offer Program.
The portfolio projects, located throughout Vermont, are: the 2.9 MW Evergreen Solar in Fair Haven, the 3.3 MW Halladay Solar in Middlebury, the 3.3. MW Midway Solar in Berlin, the 3.3 MW Steinberg Solar in Brandon, the 2.8 MW Stone Mill Solar in Castleton and the 2.8 MW Trolley Tracks Sola in Poultney.
All projects are expected to be completed by the end of this year.
“We are pleased to take this important step forward in the Vermont solar market with our long-term partner MHG Solar,” said Eric Partyka, director of business development for Standard Solar. “We firmly believe in the transformative power of solar energy, and this acquisition positions us to play a critical role in helping Vermont achieve its renewable energy goals. We are fully committed to working with local authorities and stakeholders to ensure seamless integration of these solar projects into existing energy infrastructure.”
The portfolio has a PPA with VEPP, the Standard Offer Facilitator for existing and new Standard Offer Projects. VEPP acquires electrical energy from renewable sources in Vermont and then distributes it to the state’s 17 utilities on a pro-rata basis.
