Sol Systems LLC has acquired a 37 MW DC solar improvement venture in Morgan County, Ill., from Lightrock Power. Sol Systems acquired the venture via an RFP course of executed on LevelTen Energy’s Asset Marketplace and it’s a part of Sol Systems’ development technique to scale its Impact + Infrastructure platform throughout the U.S.
“This acquisition builds on Sol Systems’ significant utility-scale footprint in Illinois,” says Patty Rollin, senior vp of improvement at Sol Systems. “We are eager to kick off the construction phase of the Prairie Creek project, which will bring local clean energy and community opportunity to the region.”
Sol Systems will develop, personal and function the venture. Once full, the venture will produce sufficient solar energy yearly to power over 5,000 houses and offset the equal of over 9,000 passenger autos’ emissions for one yr. As long-term proprietor and operator, Sol Systems will work to allow native employment alternatives and extra neighborhood advantages.
“Over the last two years we have developed sites in the U.S. and U.K. totaling 1 GW. Our team remain focused on creating further opportunities to accelerate the transition to renewable energy” states Benjamin Davies, co-founder of Lightrock Power.
“Through the Asset Marketplace, LevelTen Energy provides a centralized platform for renewable energy project developers and financiers to easily buy and sell their projects,” feedback Patrick Worrall, vp of Asset Marketplace. “We are happy that our platform enabled the connection between Sol Systems and Lightrock Power, both of whom are doing pioneering work to accelerate the clean energy transition and build local resiliency.”