Retail Supplier Affiliate Acquires Rights To Develop 30 MW Solar Generation Project In Pennsylvania
August 31, 2022 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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Sunlight Energy Investments (Sunlight Energy), a
subsidiary of Genie Energy Ltd.,
announced that it has purchased the site rights for a planned solar generation project in
Pennsylvania of 30 megawatts (MW).
Once in operation, the project will have a capacity to
generate 41-gigawatt hours per annum, Sunlight said. Sunlight estimates project development costs at approximately
The project is expected to reach commercial operation in 2024.
As previously reported, Sunlight Energy is the primary equity financing vehicle for Genie-originated commercial,
community, and utility-scale solar projects. It will also seek to participate in projects originated
by other solar developers.