CVS Health signs up for 42 MW from Indiana solar project

Solar panels. Author: Chris Baird. License: Creative Commons. Attribution 2.0 Generic

August 10 (Renewables Now) - US healthcare company CVS Health Corp (NYSE:CVS) has signed a 15-year contract with Constellation Energy Corp (NASDAQ:CEG) to procure power and renewable energy certificates from a 42-MW portion of the Mammoth Central solar project in Indiana.

The volume of contracted power is equivalent to consumption of 309 CVS Health locations in Illinois and Ohio, the companies said in a joint statement today.

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The 600-MW Mammoth Central is the third and final phase of the 1.3-GW Mammoth Solar project that Israeli firm Doral Renewables LLC is developing in Indiana.

Constellation entered into a separate 15-year agreement with Doral to receive power from a 300-MW section of Mammoth Central. The energy company is supporting the project by connecting the solar farm with its retail customers.

In recent months, Bank of America Corp (NYSE:BAC) and PNC Bank signed up as customers for Mammoth Central’s solar power.

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Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

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