110 watts on a 58 galllon, right around 2
wpg. not bad, you can grow a fair assortment of plants. Crypts, Anacharis, some vals and sag varieties, hornwort and other bunch plants do fine in my low-light tank. (anything over 3wpg is considered higher light)
Algae, tough call. really hard to say if you will have a problem, as it varies so much from tank to tank. However most folks, regardless of lighting, have at least somewhat of an algae problem at the beginning, I sure did! Once my tanks reached their own balance of plant to fish load, most algae goes away.
Also, you haven't mentioned substrate, what kind of gravel do you have?