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Community Energy today announced a deal with Big Rivers Electric Corporation creating 100 megawatts (100 MW) of new solar power in western Kentucky. Under two 20-year Power Purchase Agreements, Big Rivers will buy 100% of the output of two new solar farms under development by Community Energy. Located in McCracken County and Meade County, these facilities are expected to produce a combined 230 million kilowatt-hours of solar energy per year starting in 2023.
Brent Beerley, President of Community Energy commented that, Big Rivers was showing impressive leadership with the purchase of solar power from their McCracken County and Meade County projects. Each of Big Rivers’ Member-Owners would benefit from this long-term, fixed-priced and low-priced electricity generated by these projects.The region will also benefit from the economic development, jobs, and taxes. The company looked forward to working with Big Rivers and their member communities to bring the solar projects online.
Big Rivers was excited to add the renewable energy source to their portfolio for the sole benefit of their Member-Owners, stated Bob Berry, President and CEO of Big Rivers Electric Corporation. He also added that, this was another example of their commitment to provide safe, reliable and sustainable energy to their members.
Beerley commented that, the two projects reflected their mission as a leading solar development company and their goal was to build solar power at a meaningful scale and a competitive price. The company’s parallel goal was to generate economic growth through new jobs, local spending, and long-term tax revenues. They believe solar farms could be more than just power plants and believe they can deliver positive change to their host communities. The company was proud to partner with Big Rivers to bring a positive change to McCracken County and Meade County.