New Energy Equity, a 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 the Adirondack region of New York from a local resident, guaranteeing a new income stream for their family for future decades.
“Moriah Community Solar reflects our mission of building solar projects that generate reliable energy and lasting 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 get the benefits of increased revenue for schools, public safety, services and 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 co-developed this project 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 that shares our commitment made it possible to complete this new source of electricity for New York residents.”
“We’re proud to have brought the Moriah Community Solar project from concept to a fully operating clean-energy asset 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 bringing it to commercial operation. We look forward to working together again as we expand our community solar development pipeline across New York and beyond.”
News item from New Energy Equity
