Innergex Renewable Energy announced that a long-term PPA was signed with an investment grade rated U.S. corporation for its 200 MWAC Hillcrest solar photovoltaic project located in Brown County, Ohio. Sales under the PPA will start upon the facility reaching commercial operation, which is expected in 2020.
“We are thrilled to have signed a PPA for all the electricity to be produced at the Hillcrest solar project. We will soon move forward with the project construction and further diversify our renewable energy portfolio by adding more solar energy capacity,” said Michel Letellier, president and CEO of Innergex. “The solar energy market is booming at the moment and technologies are improving fast. It is a great market to evolve in as there are a lot of opportunities to seize for Innergex.”
Hillcrest will be located on approximately 2,100 acres of existing pasture and agricultural land in Green Township, part of Brown County, north of Mount Orab, an area rich in solar resource and adjacent to a point of interconnection in the regional transmission system. The project will consist of a field with arrays of more than 600,000 photovoltaic solar panels arranged in rows on single-axis tracking foundations, for an estimated annual power generation of about 410,000 MWh. An interconnection service agreement is in place. Innergex is required not to disclose the terms and conditions of the agreement until the other party has disseminated the information.