Sunrise Energy to develop three solar projects in US

Indianapolis Power & Light Company (IPL) has awarded Sunrise Energy Ventures a contract to develop three solar projects in the state of Indiana, US, each with a generating capacity of 10MW.

The cumulative electricity produced from all the three 10MW solar projects will be enough to address the power needs of about 7,500 homes in the region.

The combined installations of three projects will be the largest in the region.

Sunrise Energy Ventures managing director Dean Leischow said the company has been awarded the contract by IPL to develop the largest cumulative solar power project in the Midwest.

“The energy generated at these sites is equal to the amount needed to power 7,500 homes,” Leischow added.

IPL, under a 15 year power purchase agreement with Sunrise Energy, will buy all the power generated from the 30MW solar projects.

The new projects have significantly added to the portfolio of Sunrise Energy who owns and operates a 2.9MW plant in New Mexico and is developing a 2.5MW for Xcel Energy.

It also developed a 5.2MW solar project in North Carolina under a contract with the Tennessee Valley Authority.

Sunrise Energy Ventures is a US based company that develops, owns and operates commercial to industrial scale solar photovoltaic equipment.