Ameresco Announces Completion of 27-Megawatt Solar Farm in Village of DePue, IL
January 17 2024 - 8:05AM
Business Wire
The solar farm’s more than 65,000 photovoltaic
panels are estimated to produce 37,000 megawatt hours of green,
emission-free energy in its first year of operation
Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator
specializing in energy efficiency and renewable energy, today
announced the completion of a 26.3 megawatt (MW DC) 20 MW AC, solar
farm in DePue, Illinois. With its completion, the solar farm
becomes the largest of its kind in Bureau County and will
significantly advance the state’s goal of reaching 25 percent
renewable energy by 2025.
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Ameresco representatives present check
for one time donation to the Village of DePue as a part of the
project for beneficial reuse of the landfill and community support
of clean energy. (Photo: Business Wire)
The DePue solar farm consists of 65,832 solar photovoltaic (PV)
panels strategically installed on ballast blocks entirely above
ground and is estimated to produce 37,000 megawatt hours of green,
emission-free energy in its first year of operation. Ameresco has
served as the developer, builder and owner of the solar farm on the
brownfield site and began development plans in October 2019.
“We’re so glad to have seen this important renewable energy
project through to completion and commend the Village of DePue and
the state of Illinois for their commitment to a cleaner, more
sustainable future,” said Lou Maltezos, Executive Vice President of
Ameresco. “We look forward to seeing the economic and environmental
benefits of this new solar farm for years to come.”
DePue’s solar farm is projected to offset 25,947 metric tons of
CO2 annually, which is equivalent to taking 5,509 passenger
vehicles off the road for one year or powering 3,280 homes for a
year. As the solar facility’s owner and operator, Ameresco will
remain in the community to provide maintenance and support services
for the life of the facility.
“I’m so proud that the Village of DePue is now officially on the
path toward achieving our clean energy goals and making a tangible
environmental impact for our community and the state” said Daniel
Hoffert, Village President. “This project epitomizes our commitment
to forging a sustainable future while driving economic prosperity
for our residents and the region.”
With the completion of the project, the Village will benefit
from a portion of the energy generated for facility usage,
resulting in significant annual energy cost savings throughout the
life span of the installation, in addition to permitting fees
collected throughout the site’s development process. Bureau County
will also collect increased property tax revenue from the project
completion.
To learn more about the energy efficiency solutions offered by
Ameresco, visit www.ameresco.com/energy-efficiency/.
About Ameresco, Inc.
Founded in 2000, Ameresco, Inc. (NYSE:AMRC) is a leading
cleantech integrator and renewable energy asset developer, owner
and operator. Our comprehensive portfolio includes solutions that
help customers decarbonize to net zero and build energy resiliency
while leveraging smart, connected technologies. From implementing
energy efficiency and infrastructure upgrades to developing,
constructing, and operating distributed energy resources – we are a
trusted sustainability partner. Ameresco has successfully completed
energy saving, environmentally responsible projects with Federal,
state and local governments, healthcare and educational
institutions, housing authorities, and commercial and industrial
customers. With its corporate headquarters in Framingham, MA,
Ameresco has more than 1,300 employees providing local expertise in
North America and Europe. For more information, visit
www.ameresco.com.
The announcement of the completion of a renewable energy asset
by Ameresco is not necessarily indicative of the timing or amount
of revenue from such asset, of the company’s overall revenue for
any particular period or of trends in the company’s overall total
assets in development or operation. This asset was included in our
previously reported assets in operations as of September 30,
2023.
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version on businesswire.com: https://www.businesswire.com/news/home/20240117848445/en/
Media: Ameresco: Leila Dillon, 508-661-2264,
news@ameresco.com
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