E.ON Climate and Renewables North America Chooses New Market for Next Project
The Economic Development Alliance, Jefferson County (EDA) and E.ON Climate and Renewables North America (E.ON) are happy to announce that E.ON has chosen the New Market community in Jefferson County as the site for its next major U.S. solar project. The company has leased +/- 200 acres from a private land owner and has entered into a long-term lease in line with the projected life of the solar panels to be installed. The company will be investing up to $200 million in the project with a goal of providing 100 – 150 construction jobs during the initial build out and 10 – 20 permanent jobs once the solar farm is fully operational. The solar farm will generate 40 MW of solar power that will be immediately injected into the TVA and Appalachian Electric Cooperative grid. Initial groundbreaking on the project is projected for the
fall of 2017.
Scott Faulkenberry with EDA stated, “this is an incredible capital investment in the community. This solar project will enhance the renewable energy footprint in the county first established by Appalachian Electric and will help us meet the green and / or renewable energy requirements of many international corporations looking to relocate to the U.S. We are looking forward to a long-term partnership with
E.ON.”
Generating Tomorrow’s Energy Today
E. ON Climate and Renewables North America (E.ON) is one of the world’s largest owners of renewable power projects and is rapidly expanding its wind and solar energy portfolio. The company develops, owns, and operates some of the most efficient, highest performing renewable energy projects in the United States. Already active in onshore wind, and photovoltaic renewable generation, E.ON currently operates over 2,700 MW of renewable capacity. E.ON plans to expand the share of renewable energy in E.ON’s North American renewable power generation portfolio.
For more information, please visit www.eon.com/renewables. Our goal is to deliver renewable energy from technologies that address the growing concern about energy security, energy affordability, and climate change. Already a leader in the American wind industry, E.ON is actively building utility scale solar generation projects and is committed to investing the resources needed to play a major role in the transformation of the electric energy marketplace.
Cleaner, Better Energy At An Affordable Price
E.ON Climate & Renewables North America (E.ON) is a leading renewable energy company headquartered in Chicago, IL, with our wind headquarters in Austin, TX and our global solar headquarters in San Francisco, CA. E.ON Climate & Renewables North America is a subsidiary of E.ON SE, one of the world’s largest energy companies, and the largest investor-owned utility in the world.
E.ON possesses the financial strength, expertise and commitment to meet the growing demand for safe and reliable renewable energy. With almost 300 U.S. employees, we are creating tomorrow’s energy sources today.
Tapping renewable energy sources offers enormous alternatives, both from a business perspective and for the environment. E.ON Climate & Renewables has already invested €9 billion ($12.3 billion) in renewable energy projects and will continue to expand the share of renewable energy in E.ON’s power generation portfolio. E.ON has thus taken a leading role in developing renewable energy sources worldwide.
