Renewable energy developer SunEdison has signed to build a 4.5MWdc solar project in Dighton, Massachusetts for the Brockton Housing Authority through a 20-year power purchase agreement. The project development will be conducted by SunEdison and ISM Solar, a U.S.-based solar developer that is experienced in solar project management.
Brockton Housing Authority serves around 7,000 low and very low income residents in the state. The solar power plant will supply Brockton Housing Authority with electricity through a state-wide program called "virtual net metering" which allows customers to enjoy the savings and environmental benefits of solar even if they are unable to install a system on site. The solar system is built in the same region as the customer, and clean energy is delivered over the existing power lines.
The 4.5 MW solar power plant is expected to generate enough clean and reliable electricity each year to offset approximately 50% of the housing authority's electricity usage, saving more than $14 million on energy costs over the period of the agreement. The construction is expected to be completed during the first half of 2016.
“The result is a project where the customer gets the benefit of local expertise married with the staying power and best-in-class development practices of SunEdison," commented Tom Leyden, SunEdison's vice president of partner development.