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ABOUT SOURWINE FARM PROJECT

WATERTOWN, NEW YORK

Convalt is developing this 20 MW solar project in two phases of 5 MW and 15 MW each. Convalt Energy intends to sell the electricity to the residents and business of Alexandria Bay, Clayton and Redwood in Jefferson County. The adjacent greenhouses are being developed by Sourwine Farm LLC. This project will help develop a sustainable community within Jefferson County which is located in upstate New York.

Status: Mid-Stage development
Location: Watertown, New York
Phase 1 Construction Start Date: May 2024
Phase 1 Commercial Operation Date: December 2024
Capacity: 5 MW
Phase 2 Construction Start Date: May 2025
Phase 2 Commercial Operation Date: December 2025
Capacity: 15 MW
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Project
Timeline

Phase 1 Timeline

January
2022

Project Development

Permits and Approvals

April
2023

May
2024

Construction Start Date

December
2024

Commercial Operation Date

Phase 2 Timeline

January
2023

Project Development

Permits & Approvals for new factory

April
2023

May
2025

Construction Start Date

December
2025

Commercial Operation Date

Project
Overview

Phase 1

Power Off-taker:

Community Solar – Direct to Consumers

Location:

Sourwine Farm

Surface Area:

366 Acres

Phase 1 Commercial Operation Date:

December, 2024 (5MW solar)

Value:

$6 million

Legal Advisor:

Mid-Hudson Law

Lenders Legal Advisor:

TBD

Lead Debt Arranger:

TBD

Master EPC:

Lincoln Infrastructure LLC

Project Status:

Date

Memorandum of Understanding (MOU)

December 2021

Purchase & Sale Agreement:

June 2022

Land Lease Agreement (LLA)

August 2022

Power Purchase Agreement (PPA)

December 2023

Limited Notice To Proceed(LNTP)

TBD

Engineering, Procurement and Construction (EPC)

TBD

Environment and Social Impact Assessment Approval Letter

TBD

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Solar

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We will be happy to answer all your questions! Convalt Energy operates multiple entities with one core mission: Make Earth Cool Again.
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