Standard Solar Acquires 8 MW Water Chestnut and Hanoverian Community Solar Projects in New York from EDF Power Solutions

Standard Solar has acquired two community solar projects totalling approximately 8 MW in New York from EDF Power Solutions North America: the 3.9 MW Water Chestnut project in Allegany County and the 4 MW Hanoverian project in Monroe County. Both projects hold NYSERDA awards and are expected to be completed in early 2027, expanding Standard Solar's New York portfolio to over 90 MW.

Transaction date: · Source: standardsolar.com

Key facts

Transaction date
Technology
Solar PV
Capacity
8 MW
Transaction price
Not disclosed
Region
New York
Location
Alfred Station, Allegany County (Water Chestnut) and West Henrietta, Monroe County (Hanoverian), New York
Continent
North America
Development status
Under Development
PPA
n.a.

Technology details

Two community solar projects totalling approximately 8 MW: Water Chestnut (3.9 MW, Alfred Station, Allegany County) and Hanoverian (4 MW, West Henrietta, Monroe County). Both projects received NYSERDA awards and are expected to be completed in early 2027.

Additional information

Standard Solar currently owns and operates 82.3 MW of solar and 5.6 MW of storage in New York. This acquisition builds on an established partnership between Standard Solar and EDF Power Solutions, which includes previous collaborations on the 9.9 MW Bluebonnet project in Texas and the Laswbrook and Knox Solar + Storage projects in Massachusetts. Standard Solar owns and operates more than 500 MW of solar across the United States and is a Brookfield portfolio company.

Source

Original announcement: https://standardsolar.com/news/standard-solar-expands-new-york-community-solar-portfolio-with-two-project-acquisition-from-edf-power-solutions/

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