AEP Energy signs renewable energy purchase agreement for Mammoth Solar in Indiana
AEP Energy has signed a long-term renewable energy purchase agreement with Global Energy Generation and Doral LLC for the Mammoth Solar project in Indiana.
Mammoth Solar 1 is a 480-megawatt direct current (MWdc) solar energy project covering more than 12,000 acres in Starke and Pulaski counties in northern Indiana. Mammoth Solar 1 is expected to begin construction during the fourth quarter of 2021 and reach commercial operation by the second quarter of 2023.
“AEP Energy is focused on providing customers with integrated, carbon-free energy supplies that deliver long-term price stability while benefitting the environment and surrounding communities. Agreements like the one with Doral LLC demonstrate how our innovative energy solutions can support the development of new renewable clean energy resources, boost local economies and help our customers power their homes and businesses with clean, reliable energy,” Greg Hall, president, AEP Energy, said.
AEP Energy is a subsidiary of American Electric Power, an electricity and natural gas supply provider operating in 27 service territories in six states, and Washington, D.C. AEP Energy, based in Columbus, supplies electricity and natural gas solutions for more than 500,000 customers in Ohio and Illinois.
“This is one of the largest solar power purchase agreements in the PJM market. Mammoth 1 will displace 40,000 tons of greenhouse gas emissions and save 1 billion gallons of irrigation well water annually. Reduced farming chemicals and fertilizers along with allowing the land to be fallow, like in a CRP program, will only enhance the quality of the land for future generations. The investment of hundreds of millions of dollars into the community will create jobs and uplift the economy,” Nick Cohen, president & CEO, Global Energy Generation and Doral LLC, said.
Doral LLC was founded in 2019 as a joint venture between Doral Group and Clean Energy Generation. Doral LLC currently has over 3 GWdc of projects under development, mainly in Midwest and Mid-Atlantic U.S.
“Doral LLC, the entrepreneurial platform of Doral Renewable Energy Resources Group Ltd (Doral Group) in the U.S., is continuing its rapid growth in the region,” Yaki Noyman, CEO of Doral Renewable Energy Resources Group, said. “This is another significant milestone in Doral LLC’ strategy to develop, execute and operate quality large-scale utility renewable energy projects.”
