By Kelly Pickerel | July 20, 2022
Hendricks Power Cooperative and Solential Energy plan to build a 7-MWAC solar array within Hendricks County, Indiana, for the rural electric membership cooperative (REMC). The CB Graham Solar Energy Project is named for the local family providing 60 acres of land for the project.
Solential Energy has successfully worked with other REMCs on solar projects across the Midwest. This will be Solential’s largest utility-scale solar installation in its 13-year history. Site work is underway. The array in Tilden, Indiana, will be commissioned and generating solar power by mid-2023.
“We are committed to sustainability and reducing our environmental footprint through this clean and pollution-free energy source. While our power supplier continues to increase their renewable portfolio, we are proud to take on this solar initiative independently,” said Hendricks Power CEO Greg Ternet. “Adding a renewable resource to our system, at a cost comparable to our wholesale power supplier, shows that we are environmentally and cost conscientious. We are also proud to work in tandem with our local partners and look forward to expanding upon this platform to allow member-owner participation.”
“This is truly a special project for Solential because not only is it the largest solar installation we have ever developed, but also due to the significant impact the CB Graham Solar Energy Project will have on cooperative members now and in the future,” said Solential CEO Jim Shaw. “We’re all concerned about rising energy costs, energy reliability and resilience, and the need to lessen environmental impacts. When you can deliver a solution like we are with Hendricks Power, it’s a great day.”
Hendricks Power’s CB Graham Energy solar project is being financed by Denver-based Solriver Capital, which invests in distributed generation and utility scale solar and storage projects across the United States.
News item from Solential