NextEra Energy breaks ground on solar projects in New York

 NextEra Energy breaks ground on solar projects in New York

NextEra Energy Resources, a subsidiary of NextEra Energy (NYSE: NEE), has started construction on two distributed generation solar photovoltaic (PV) systems in Oneida County, New York. The systems will have the capacity to produce 5.2-MW of solar power.

"The state of New York has made a commitment to a cleaner energy future, and we're happy to play a role in helping them to achieve this vision," said Matt Handel, vice president of development for NextEra Energy Resources. "Now we're entering the most exciting phase of a solar project, watching the system come to life and begin generating clean, reliable power for the local community."

The two systems will feature a total of 17,086 solar modules from Suntech Power and Canadian Solar. Oneida County will purchase the electricity generated over the term of a 25-year power purchase agreement with the NextEra Energy, who will own, operate and maintain the systems for the life of the contract. The projects are expected to reach commercial operation by October 2015.

The projects are utilizing funding incentives from the New York State Energy Research and Development Authority (NYSERDA) Competitive PV
program, which is intended to increase solar capacity in the state.

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