New Renewables Projects Announced by York Research

A U.S. company will install solar energy technology on a new generating facility to be installed in Arizona.

NEW YORK, New York, US, 2001-08-03 [SolarAccess.com] A U.S. company will install solar energy technology on a new generating facility to be installed in Arizona. York Research Corporation will develop a 620 MW gas-fired cogeneration facility in Yuma County, which will be supplemented by the company’s patented SEECOT system solar energy technology. The system uses solar energy to increase overall plant power output during summer peak hours and to displace fossil fuel, thereby improving plant competitiveness. The SEECOT system will also provide a significant amount of solar portfolio credits for use by Arizona utilities and retail service providers as required by Arizona law. The New York firm also says the government of the Dominican Republic has executed a guarantee of payments for power to be delivered under a previously awarded 30 year power purchase agreement with the national power utility, Corporation Dominicana de Electricidad,. York is developing a 115 MW windfarm in Puerto Plata, where service is planned to start next year. When complete, the turbines will generate 340 million kilowatt hours of electricity per year. The two announcements were made at the company’s annual meeting in New York on July 18. Other opportunities for project development in renewable energy were discussed, including plans in New Mexico and western New York.
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