Solar Project Signs Agreement with BPU

ConnectGen LLC (“ConnectGen”) is pleased to announce that a wholly owned subsidiary has signed a 10-year agreement with the Jamestown Board of Public Utilities to sell Tier-1 Renewable Energy Credits (“RECs”) produced by the South Ripley Solar Project. Each REC represents the environmental attributes of one megawatt hour of electricity generated from a renewable resource, such as solar or wind. 

The South Ripley Solar Project is a planned 270 megawatt (MW) alternating current, photovoltaic solar energy facility that will be located in the town of Ripley in Chautauqua County, New York. Additionally, the development will include a 20 MW battery storage component. The Project is currently expected to start construction as early as 2022. Once constructed, the Project will provide more than $20 million in tax revenues to the Town of Ripley and Chautauqua County over the Project’s operational life.