- Ashwood Solar’s 86-megawatt (MW) project in Lyon County, Kentucky will provide electricity to more than 15,000 households
- Kentucky Municipal Energy Agency (KYMEA) committed to a 20-year power purchase agreement (PPA) for all energy produced
- RWE’s addition to its 11 gigawatts (GW) of U.S. energy assets ensures local energy security and economic growth
The third-largest renewable energy firm in the US, RWE, has put its first energy plant in Kentucky, Ashwood Solar, in Lyon County, into service. Originally created as a joint venture between Open Road Renewables and Eolian, L.P. (Eolian), the 86 MW facility will strengthen energy independence and promote economic growth by producing enough electricity to power the equivalent of over 15,000 Kentucky Municipal Energy Agency (KYMEA) member customers.
Andrew Flanagan, Chief Executive Officer, RWE Clean Energy: “RWE is proud to add to the growing energy mix in the commonwealth with our first operational solar project in the state. By partnering with KYMEA, Ashwood Solar is helping the Bluegrass State ensure energy security while also providing local jobs and boosting the Kentucky economy.”
Leaders from RWE, KYMEA’s executive team, KYMEA Board of Directors, important government stakeholders, and local community groups are present for a ribbon-cutting ceremony on-site today to commemorate this noteworthy accomplishment.
With the purchase of Ashwood Solar to its regionally wide producing portfolio, RWE continues its strong expansion, now boasting over 11 GW of energy assets across the United States. RWE’s well-positioned assets guarantee the availability of domestic energy solutions to satisfy the country’s growing energy demands. The two businesses’ dedication to regional energy supply is demonstrated by their 20-year power purchase agreement with KYMEA.
Doug Buresh, President & Chief Executive Officer, KYMEA: “The commissioning of Ashwood Solar marks a proud milestone for KYMEA and our member communities. This project reflects our long-term commitment to delivering clean, reliable, and cost-effective energy to the people of Kentucky. Our 20-year partnership with RWE ensures that our members benefit from homegrown solar power while supporting local economic development and environmental stewardship. We are excited to see this vision come to life in Lyon County and look forward to the positive impact it will have for decades to come.”
Making an Impact
Along with providing a dependable energy source, RWE is committed to making significant investments across the US, such as creating 250 local employment when Ashwood Solar was being built. In addition, Ashwood Solar will include native pollinator plants on site, which encourage bee pollination and boost local biodiversity. Over the course of its operation, the project will also bring in $6 million in state property tax income.
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