Mammoth Solar will make economic development payments totaling $375,200 to Pulaski County this year.
The company will pay $60,200 within the coming months and another $315,000 before the end of 2024.
The payments will be made in advance of any tax revenue from the Mammoth Solar project. The financial commitment is intended to provide immediate benefits to the county before the first solar panel is installed.
“We are committed to maintaining a strong and lasting partnership with Pulaski County throughout the lifecycle of the Mammoth Solar project,” said Ed Baptista, vice president of development and agrivoltaics at Doral Renewables, in a press release. “This includes ongoing collaboration with local leaders to ensure that the project continues to meet the needs and expectations of the community.”
Doral Renewables is the company behind the Mammoth Solar project.
“Solar energy represents a great step forward in economic diversification for both our community at large and the participating landowners,” said Nathan Origer, Pulaski County Community Development Commission executive director.
“We look forward to working closely with our partners at Doral as Mammoth Solar becomes an economic asset and a catalyst for positive change in Pulaski County,” Origer added.
The Mammoth Solar farm is expected to generate 1.3 GW of energy, which will power about 275,000 households annually. It has a footprint of 13,000 acres across Starke and Pulaski counties. The project was named “Mammoth” because of ancient mammoth bones discovered in fields where it would be built and because of the growing size and scope of the project.
Philadelphia-based Doral Renewables is a developer, owner and operator of renewable energy and storage projects. The company operates in 20 states. Doral Renewable has a solar and storage development portfolio of over 13 GW, including 400 MW on the verge of operation and over 900 MW under construction.
