Governor Eric J. Holcomb and Secretary of Commerce Brad Chambers today joined Israeli and local officials, as well as executives from Israel-based Doral Renewables LLC, a developer of renewable energy projects, to break ground on phase one of the company’s three-phase solar farm project, Mammoth Solar, which is expected to deliver a $1.5 billion investment in the company’s Indiana operations over the next five years.
“It’s an incredibly electrifying day for the state of Indiana as we celebrate Doral Renewables’ significant investment in the future of energy generation and the state of Indiana,” said Gov. Holcomb. “Knowing
Indiana will continue to play a key role in the global energy sector while creating real change in our Hoosier communities is empowering. It’s encouraging to witness the power industry moving toward reliable, affordable and ever more
clean renewable energy sources for generations of Hoosiers to come."
Israel-based Doral Group, which was the first company to energize a commercial solar farm in Israel more than 13 years ago, identified 13,000 acres across Starke and Pulaski counties in northern Indiana for the Mammoth Solar project to bring 1.3
gigawatts of clean energy to the region. The company plans to invest $475 million in phase one of the project, which will produce 400 megawatts of clean energy and is expected to become operational by mid-2023. In addition to providing renewable
energy, the project is projected to remove 40,000 tons of greenhouse gas emissions and conserve 1 billion gallons of irrigation well water annually. Phases two and three, expected to begin during 2022, will produce approximately 900 megawatts
of clean energy upon completion and will draw additional investments of approximately $1 billion.
The Indiana Economic Development Corporation is working with Doral Renewables LLC to finalize a committed investment in the form of incentive-based tax credits based on the company’s plans to create up to 50 new jobs by the end of 2023.
Starke and Pulaski Counties are also considering additional incentives.
