Bloomberg Signs PPA With SunEdison For 2.9 MW Of Solar

Posted by SI Staff on November 02, 2015 No Comments
Categories : Projects & Contracts

SunEdison Inc. has signed a power purchase agreement (PPA) with Bloomberg to power the company's Rockland County, N.Y.-based data center with 2.9 MW of solar energy.

SunEdison will supply Bloomberg with solar power through remote net metering, which allows customers to consume solar without needing to install a system on-site. The contracted power is expected to generate enough electricity each year to offset more than 5% of the data center's electricity usage.

Construction of the solar power plant is targeted for completion in the fourth quarter of 2016. Operation and maintenance of the solar power plant will be performed by SunEdison Services, which provides global asset management, monitoring and reporting services.

‘Bloomberg is constantly looking for opportunities to expand its portfolio of renewable energy projects that make good business sense – projects that reduce costs, diversify energy supply and have a positive environmental impact,’ says Curtis Ravenel, Bloomberg's global head of sustainable business and finance.

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