Spencer County solar project acquired by Sol Systems
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Washington, D.C.-based Sol Systems LLC has acquired a 91 megawatt solar development project in Spencer County from Orion Renewable Power Resources LLC in California. When complete, the company says the Grandview project will produce enough solar energy each year to power more than 13,000 homes.
Grandview is also expected to offset the equivalent of more than 23,000 passenger vehicles’ emissions.
The project is part of Sol Systems’ Impact + Infrastructure growth strategy, which aims to enable local employment opportunities and community benefits alongside project development and operations.
“This acquisition builds on Sol Systems’ significant footprint in the Midwest,” said Yuri Horwitz, chief executive officer of Sol Systems. “We are eager to kick-off the construction phase of this project which will bring new clean energy and opportunities to the local community and region.”
Orion Renewable Power Resources is a joint venture between Orion Renewable Energy Group LLC and Eolian LP.
Eolian Chief Executive Officer Aaron Zubaty says the project will improve regional electric grid resiliency and reliability by adding pollution-free resources during peak hours.
“We are very appreciative of the support we received in Spencer County from the Lincoln land Economic Development Corporation, the County Council, the County Planning Commission, and the County Commissioners,” said Justin Wolf, director of development at Orion Renewable Energy Group. “Their openness to our project, along with the County’s business-friendly climate, demonstrates its commitment to growth by recruiting new industries, including solar energy.”
Sol Systems says it will develop, own, and operate the southern Indiana project.