Doral, the leading developer of renewable energy projects, primarily in the Midwest and Mid-Atlantic regions, announced this Tuesday it has signed the second power purchase agreement for the second phase of the Mammoth Solar project in Indiana.
Firstly, the developer signed the PPA with AEP Energy, a subsidiary of American Electric Power; and one of the largest electric energy wholesale suppliers in the U.S. Doral is formerly known as Global Energy Generation LLC; which is in turn a joint venture between Doral Group and Clean Energy Generation LLC.
Secondly, the Mammoth solar project’s second phase is a 360-megawatt direct current (MWdc) development, that Doral is undertaking in Starke and Pulaski counties in northern Indiana. As we reported previously, this PPA is the second that both companies sign.
Thirdly, back in May, both parties signed the first agreement for the first phase of the Mammoth Solar project; which consisted in 480 MWdc development; when fully operational, both phases of the project will have a total capacity of around 1,65 gigawatts.
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Doral to create benefits for Indiana community
Moreover, the first phase of the project will begin construction during the fourth quarter of 2021 and reach commercial operation by the second quarter of 2023; while the second phase of the project will begin construction during 2022 and will reach commercial operations by 2024.
In addition, the financial or technical details of the PPA were not disclosed; however, Yaki Noyman, CEO of Doral Renewable Energy Resources Group, said. “Doral LLC is once again demonstrating its continued effort to become a prominent utility scale developer in the region. We are proud to partner again with AEP Energy and continue the development of this monumental project. We are confident that Doral LLC shall secure additional power purchase agreements in the near future; to fully commercialize the entire Mammoth project.”
Furthermore, Nick Cohen, President & CEO of Doral LLC, said. “Instead of buying power from farmers in other states; Indiana and its farmers, through projects like Mammoth, have a real opportunity to be energy independent and even export power to neighboring states. Indiana is taking the lead as a true economic powerhouse.”
Finally, Greg Hall, executive vice president of Energy Supply at AEP, said. “AEP Energy is focused on delivering innovative energy solutions; and also continues to expand our portfolio of renewable energy resources; to power possibilities for our customers. We look forward to our ongoing collaboration with Doral LLC on this project; as we build a cleaner, more sustainable energy future together.”
