DEERE ACRES SOLAR – Delaware
THE $150 MILLION, PRIVATELY FUNDED PROJECT WILL GENERATE 100 MEGAWATTS OF CLEAN, RENEWABLE ELECTRIC POWER. IT’S ENOUGH TO SERVE UP TO 17,000 DELAWARE HOUSEHOLDS ANNUALLY.
The 535-acre Deere Acres solar farm site is situated on a giant secluded farm field. There are still thousands of acres of farm land in the community. The reduction of fertilizers and pesticides will be beneficial to the watershed.
Deere Acres Solar Farm will make a significant contribution to Delaware’s renewable energy portfolio, enabling local utilities, commerce and industry to procure power generated in the State that would otherwise be generated in neighboring states. It serves as a good incentive for large modern companies, such as data centers and advanced manufacturers, to locate to Delaware. It also provides a unique opportunity for Delaware companies to meet their renewables targets with in-state generated renewable power.
“This project will increase the local tax base, help ensure stable long-term revenues for its landowners and contribute to the clean energy goals of Delaware”
-Tim Walsh, VP Development
ALTERNATIVE ENERGY PORTFOLIO STANDARDS
Delaware passed Renewable Energy Portfolio Standards, requiring electricity providers to supply 3.5% percent of their energy sales from solar energy sources by 2025. More solar facilities like Deere Acres will be needed to meet the portfolio standards both now and in the future.
DECADES OF PROVEN OPERATION
Tens of millions of solar panels, operating hundreds of millions of hours, have been installed across the United States and the world over the past 30 years. The efficiency of panels and inverters (something that converts the electricity into the standard that comes out of your electrical outlets) has improved five-fold over the past several years and the costs have plummeted. Large-scale solar energy farms are now one of the lowest cost electricity sources.
JOBS AND CAPITAL INVESTMENT
Many Delaware-based firms are currently working on the project, with millions of pre-construction dollars being invested. During the nine-month construction period, expected to begin in 2022, the construction will employ approximately 100 local people. Upwards of $75 million in contracts will be awarded to regional vendors. Once construction is completed, the facility will provide high-wage, family-sustaining jobs, and it will rely on many local vendors during its entire operational life.
Clean Energy for Delaware
The solar farm will produce enough energy for 17,000 households annually. A solar farm is a manufacturer of electrons. These electrons are impossible to trace once they go into the wires. However, electricity is usually consumed in the market that it is generated so most of the electrons will end up serving local residents.