SunPower divests NYC portfolio to Green Street Power Partners LLC
STAMFORD, Conn., March 5, 2018 /PRNewswire/ — Green Street Power Partners, LLC (GSPP) announced it has purchased a portfolio of community solar projects all in Con Edison’s service zone, from SunPower. A 918-kilowatt rooftop project in Maspeth, Queens, will be the first completed featuring SunPower® Helix™ technology. The project was originated by SunPower dealer Accord Power, who is also providing development and engineering, procurement, and construction (EPC) services. Construction is set to begin April 1 and expected to be complete by late spring 2018. GSPP will own the system, highlighting the company’s increased focus on project acquisition.
“This project, along with the additional projects we are currently acquiring, will have a profound impact on our company while helping us achieve our goals of being a leader in community solar, and commercial and industrial solar markets,” said Scott Kerner, Co-Founder and CEO. “We are also thrilled about the next chapter in our collaboration with SunPower and its network of dealers, and are hopeful that these projects will be the first of many.”
The SunPower® Helix™ advanced technology which will be used for this 918-kilowatt rooftop solar system is expected to offset approximately 20,496 metric tons of carbon dioxide from the five boroughs over the lifetime of the system, the equivalent of preserving 167 acres of forest. The project will provide power to more than 150 homes in New York City.
“We are thrilled that Green Street Power Partners is taking a leadership position in helping to encourage development of reliable solar energy projects like this one featuring SunPower’s leading-edge solar technology,” said Nam Nguyen, SunPower executive vice president, commercial. “We look forward to building on this shared success in the future, bringing value to even more customers.”
About Green Street Power Partners, LLC
Headquartered in Stamford, CT, Green Street Power Partners (GSPP) finances, develops, owns and operates, 8MW of solar energy systems for businesses throughout the northeast. GSPP continues to experience rapid growth with 32 MW of commercial and community solar projects under construction. As they expand their solar coverage, GSPP consistently provides the best available solar technology coupled with an unwavering commitment to customer service. To find out more about Green Street Power Partners, visit greenstreetsolarpower.com.
SOURCE SunPower Corp.
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