Dynamic Energy Makes the Grade: The Skidmore College Story
Dynamic Energy is pleased to announce the completion of a 2 megawatt (MW) solar project at Skidmore College in Saratoga Springs, New York. The solar system is one of the largest ground-mounted solar arrays in New York, comprising 6,950 ground-mounted solar panels and spanning eight acres of land.
The system will generate approximately 2,600,000 kilowatt-hours of electricity per year, enough to meet 11 percent of Skidmore’s needs and reduce greenhouse gas emissions equivalent to taking 412 cars off the road each year. Dynamic Energy developed the project and also managed engineering, procurement, financing and construction.
The project received an award from the NY Sun Competitive Photovoltaic Program through the New York State Energy Research and Development Authority (NYSERDA). It was financed through a 20-year Power Purchase Agreement (PPA) with Washington Gas Energy Systems, Inc., who will own and operate the system and sell the electricity it produces to Skidmore at a reduced rate. Between the NYSERDA funding and the power purchase agreement, Skidmore was able to guarantee long-term energy savings with zero upfront costs.
The solar project is part of the college’s Sustainable Skidmore Initiative, which includes a number of other environmental projects ranging from composting programs to energy conservation events. “The Dynamic Energy team congratulates Skidmore College on hosting this solar system,” said Michael Perillo, CEO of Dynamic. “The College’s support of renewable energy reflects a true dedication to the students, faculty and staff of Skidmore, as well as their community. We are proud to partner with Skidmore, NYSERDA and Washington Gas Energy Systems on this exceptional solar project.”