• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Corporate News
  • Generation
  • Oil & Gas
  • Regulation
  • Renewable
    • Climate
    • Solar
    • Wind
  • Storage
  • Tech
  • T & D
Energy News Desk Logo

Energy News Desk

Energy News and Data

Geronimo Energy, Cargill Execute VPPA

April 23, 2020 by Solar Industry Mag

Geronimo Energy, a North American renewable energy development company, and Cargill have executed a virtual power purchase agreement (VPPA) for the Prairie Wolf Solar Project in Coles County, Ill.

The contract marks the second renewable energy VPPA executed between Cargill and Geronimo, the first being for a portion of the Crocker Wind Farm in Clark County, S.D.

Prairie Wolf is a 200 MW solar energy project located in the Midcontinent Independent System Operator (MISO) market. The project is anticipated to begin operations at the end of 2021. Once operational, Prairie Wolf is poised to represent the largest single solar investment in Illinois.

“We’re pleased to partner with Geronimo Energy on another renewable energy project that moves Cargill in the right direction toward our goal of reducing greenhouse gas emissions from our operations by 10% by 2025,” says says Eric Hoegger, director of global renewable energy for Cargill.

“This new solar power project is the latest example of how we are working with partners to change the way we power our operations, taking advantage of the economic and environmental benefits of renewable power,” he adds.

Current estimations for Prairie Wolf’s economic benefits total over $40 million throughout the first 20 years of operation, including positive impacts in new tax revenue, construction jobs, new full-time jobs and charitable funds through the project’s Education Fund. The Prairie Wolf Education Fund alone will offer approximately $800,000 in donations to the local school districts connected to the project above and beyond all tax revenue and local spending benefits.

Geronimo has successfully developed over 400 MW of operational renewable energy projects in Illinois, including the Green River and Walnut Ridge Wind Farms in Lee, Bureau and Whiteside counties.

Filed Under: Renewable, Solar

Primary Sidebar

Join The Daily Charge

This week's top 5 stories in your inbox. No spam ever.

Trending

  • Offshore Wind Industry Needs 77,000 Trained Workers by 2024
  • NV Energy Receives PUCN Approval for Solar+Storage Projects
  • Vestas Unveils 15 MW Offshore Wind Turbine
  • Firestone Walker Brewing Taps Solar to Power Operations
  • GE Researchers Granted Access to the Summit Supercomputer
  • Solar Support Launches Predictive, Corrective Inverter Program
  • Magnet-controlled bioelectronic implant could relieve pain
  • Hecate Energy Selects Ideematec’s Solar Trackers for Newberry Solar Project
  • Anumar Names Delta as String Inverter Supplier for German PV Project
  • eia.gov logo EIA now estimates biodiesel production and consumption by state

Footer

Trending

  • Offshore Wind Industry Needs 77,000 Trained Workers by 2024
  • NV Energy Receives PUCN Approval for Solar+Storage Projects
  • Vestas Unveils 15 MW Offshore Wind Turbine
  • Firestone Walker Brewing Taps Solar to Power Operations
  • GE Researchers Granted Access to the Summit Supercomputer

Recent

  • Quick Tips To A Sustainable Future
  • Stem Provides Smart Energy Storage Solutions to Today’s Power
  • EIA's AEO2021 shows U.S. energy-related CO2 emissions rising after the mid-2030s
  • Homeowners associations still a barrier for some would-be solar customers
  • Commentary: With open standards, U.S. can build EV charging infrastructure faster

Search

Contact Us

Write For Us

  • Email
  • Facebook
  • Twitter

Copyright © 2023 · EnergyNewsDesk.com