IHI Power Services Corp. Inks Two Asset Management Deals With Doral Renewables
08 July 2024 - 4:30PM
Business Wire
IPSC to Provide Asset Management Services for
Mammoth North and Great Bend Solar Projects
IHI Power Services Corp. (IPSC), a leading provider of O&M,
asset management, remote operations, and compliance services to
power generation and other energy industries across the U.S., has
been tapped by Doral Renewables LLC (Doral) to provide asset
management services for two major renewable projects—Mammoth North
Solar Project, a 400 MW generation facility located in Starke
County, Ind. and Great Bend Solar Project, a 48 MW plant in Meigs
County, Ohio.
The Mammoth North Solar Project, scheduled for commercial
operation in Q3 2024, is the first phase of Doral’s Mammoth Solar
Project. When completed, the Mammoth Solar Project will generate a
staggering 1.3 GW of power—enough clean energy to support
approximately 275,000 homes. One of the largest solar developments
in the country, this $1.5 billion project is segmented into four
phases: Mammoth North Solar, followed by Mammoth South Solar and
Mammoth Central Solar I & II, which are expected to enter full
construction in Q1 of 2025.
Doral’s Great Bend Solar Project will also break ground this
year and is expected to be online by the end of 2025, bringing an
additional $400,000 in annual tax revenues, ample new job creation
and economic growth to support local businesses and the Meigs
County community as a whole.
“Doral Renewables’ trust in IPSC to support its Mammoth North
and Great Bend solar projects underscores our proven ability to
deliver the highest level of asset management—a service offering
that we’ve been intentional in prioritizing and building out in
recent years,” said John Keller, CEO of IPSC. “Our expertise in
optimizing renewable assets aligns perfectly with Doral’s vision of
fostering sustainable communities and we are eager to contribute to
the success of one of the largest solar projects in the United
States while further reinforcing our commitment to excellence in
the clean energy sector.”
A leader in the renewables space, Doral is currently developing
over 13 GW of solar and storage projects across the country, with
over $2.5 billion in long-term wholesale power purchase agreements
already in place.
“IPSC’s asset management team has consistently delivered
outstanding results, making them a valued and enduring partner in
our renewable energy endeavors,” added Amit Nadkarni, Vice
President of Project Management at Doral Renewables. “Their support
has been beneficial in helping us carry out our vision to empower
communities by creating a more sustainable future and this
partnership reflects our full confidence in the organization’s
ability to strengthen our development initiatives.”
To learn more, visit: https://www.ihipower.com/ and
https://doral-llc.com/.
About IPSC: IHI Power Services Corp.’s (IPSC) parent
company, IHI Corporation, based in Tokyo, Japan, is a heavy
industrial manufacturing and services company with a proud heritage
that dates back to 1853. IPSC, IHI Corporation’s largest U.S.
company with 600+ employees, provides operations, maintenance,
asset management, remote operations, compliance and support
services to the U.S. power generation, in addition to other energy
industries. The IPSC team of energy professionals delivers
value-added services based on expertise gained through years of
hands-on experience in the power generation industry. IPSC delivers
its services on the foundation of minimizing operational risks,
capturing market opportunities, and maximizing asset value while
maintaining a safe work setting that is environmentally compliant.
That foundation assures the success of every project we operate and
manage.
For more information visit: www.ihipower.com and follow IPSC on
LinkedIn.
About Doral Renewables: Doral Renewables is a
Philadelphia-based renewable energy developer, owner, and operator
of renewable energy assets, operating all over the United States.
It has a solar and storage development portfolio of over 13 GW,
including 1.3 GW under construction, and is operating in 18 states
and across 9 electricity markets. Doral Renewables has over $2.5
billion in long-term wholesale power purchase agreements with U.S.
customers. The company has a global management and leadership that
includes the Doral Group, Migdal Group and Clean Air Generation,
with further financial backing from Apollo Global Management (NYSE:
APO).
For more information, visit https://doral-llc.com/.
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Leslie Licano, Beyond Fifteen Communications, Inc.
leslie@beyondfifteen.com | 949-733-8679 x 101