Swift Current Energy announced that Google has made a tax equity investment in the Double Black Diamond Solar project, a 800 MWdc solar farm under construction in southern Illinois. Set to be the largest solar project east of the Mississippi River, it is expected to begin operations by early 2025. The project will reduce carbon emissions by one million tons annually and power 100,000 homes. It has secured financing from several banks and will employ U.S.-made First Solar modules and Nextracker trackers. The project will contribute $100 million in tax revenue to local communities.
Swift Current secures investment for 800 MW Illinois solar project
Caption: Swift Current Energy’s landmark 800 MW Illinois solar project secures Google’s investment and is set to operate by 2025. (Photo Credit: Swift Current Energy)
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EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)