DE Shaw hits turn on 79MW Michigan PV

• Assembly Solar 3 center in Shiawassee County was finished with partner Ranger Power

DE Shaw, in partnership with Chicago-based solar developer Ranger Power, has actually attained business operation at a 79MW solar farm in Michigan.

Assembly Solar 3 lies in Shiawassee County and follows on from the 110MW Assembly Solar 2 center, additionally in the county, reaching business procedure in December 2021.

" We are really delighted to get to COD at Assembly II and III and also to remain to purchase cost-effective tidy energy in Michigan," stated David Zwillinger, president of DE Shaw.

" It was a satisfaction to work with all of our service companions including our offtakers, lenders, tax obligation equity financiers and also development partners at Ranger Power.

" This notes a significant initiative in what continues to be a very interesting market."

Assembly Solar 2 has 2 25-year power acquisition arrangements (PPAs) for a total of 110 MW with Michigan Public Power Agency (MPPA) and also its largest member, Lansing Board of Water & Light (BWL).

These PPAs are in addition to the two 25-year PPAs for 50MW MPPA as well as BWL carried out with Assembly Solar 1 that got to procedure in 2020.

Assembly Solar 3 has a 25-year PPA with DTE Energy.