Renewables developer Doral LLC has contracted SOLV Energy LLC to handle the engineering, procurement and construction (EPC) of the first phase of the 1.3-GW Mammoth Solar project in Northwestern Indiana.
Specifically, SOLV Energy will work on the Mammoth North solar farm, which will have a generation capacity of 400 MW, or enough to supply 75,000 Midwestern homes per year. The plant, which is scheduled for completion next year, already has a power purchase agreement (PPA) in place with AEP Energy Partners, a unit of American Electric Power Co Inc (NASDAQ:AEP).
“We will be mobilizing this month, and we look forward to the construction of this project over the next 15-18 months and adding 400 MWs of clean energy to the grid,” stated Amit Nadkarni, VP, Project Management at Doral LLC, which was created as a joint venture of Israel-based Doral Group (TLV:DORL).
According to previous announcements, the full Mammoth Solar project represents an economic investment of about USD 1.5 billion (EUR 1.42bn).
“Mammoth is revitalizing the area by delivering hundreds of millions in investment, tax and economic payments to the region. We will also be re-directing irrigation wells that are not needed for solar, to Bass Lake. The lake suffers from chronically low water levels," commented Nick Cohen, president and CEO of Doral LLC.
(USD 1.0 = EUR 0.947)
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