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HMP&L signs PPA for 50 MW of solar power capacity in Kentucky

Solar Farm
Credit: Photo by American Public Power Association on Unsplash.

This week, solar developer Community Energy announced that Henderson Municipal Power & Light (HMP&L) will be the offtaker of a 50-MW new solar facility in Kentucky. Through a 20-year Power Purchase Agreement (PPA), HMP&L will purchase 100% of the output of the new solar farm developed by Community Energy. Located in Henderson County, the facility is expected to produce 117 million kWh of solar energy annually starting in 2023, fulfilling 20% of HMP&L’s electricity demand.

HMP&L is a municipal electric utility in Henderson, Kentucky. The utility has approximately 12,000 meters with an annual peak demand of 106-MW and annual energy requirements of 600,000-MWh. HMP&L is a Transmission Owning Member of the Midcontinent Independent System Operator (MISO).

The executive team at HMP&L, said, “It is an exciting time for us to announce that a portion of the future supply mix will include solar power produced from a locally built facility. Henderson selected Community Energy through a competitive process and has found a good partner to move us into the solar energy business.”

“Our mission is to deliver solar power at a competitive price,” Joel Thomas, Executive Vice President of Community Energy said, “But we believe solar farms can be more than just a source of low-cost electricity. This solar project will also generate economic growth through new jobs, local spending, long-term tax revenues, and recurring income for the landowners who are hosting the facility. During this time when our country is battling economic headwinds, we are thrilled to partner with HMP&L to put this project on a path to delivering these economic benefits.”

To hear more from Community Energy, check out our recent podcast interview with Brent Alderfer, founder and CEO of the company.