Granite Apollo signs lease agreement for Superfund Solar project

June 01, 2018 - Northern New England

Londonderry, NH Granite Apollo has signed a lease agreement with the Town of Londonderry to develop an up to 10MW AC solar project at the Auburn Rd. Landfill Superfund Site. The project, named Superfund Solar, will be located on 200 acres of town-owned land off of Auburn Rd. 

The lease agreement will generate over $6 million in new revenue for the town over the 40-year lease term. The 10-megawatt project will generate enough clean electricity to power approximately 2,500 homes. Granite Apollo will negotiate a power purchase agreement for sale of the power within the ISO-NE marketplace. 

“The Superfund Solar Project will generate clean, renewable power at competitive prices to help Granite Staters save money on their power bills,” said Chris Stewart, principal at Granite Apollo. “Well sited utility scale solar is a key part of New England’s energy future and we are excited to work with the town of Londonderry on this project.” 

“This a great opportunity for the town of Londonderry,” said Kevin Smith, Londonderry town manager. “We are very happy to be working with Granite Apollo on what will be one of New Hampshire’s largest solar array projects to date. Over the last few years, Londonderry has been a leading municipality in promoting clean and efficient energy initiatives, with this latest solar project being another example of our commitment to New Hampshire’s clean tech future.” 

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