Doral Renewables, headquartered in Philadelphia, stands as a steadfast ally to farmers across the United States, championing sustainable energy solutions and driving economic development. We recognize the vital role of renewable energy in rural communities and have tailored our efforts to support farmers in maximizing their land’s potential.
Specializing in solar and storage development, we’ve curated a portfolio exceeding 12 GWac, with 1.3 GW currently under construction. Our footprint spans 20 states and 9 electricity markets, reflecting our unwavering commitment to serving agricultural communities nationwide by offering them a new type of crop- the sun.
Through long-term lease agreements, we are collaborating closely with farmers to innovative and tailored solutions, like agrivoltaics practices that harness the power of the sun while preserving valuable agricultural farmlands and diversifying crop production. Our partnerships with U.S. customers have resulted in over $2.5 billion in long-term wholesale power purchase agreements, ensuring stability and for our projects’ operations.
To propel our mission forward, we’ve garnered substantial support, raising over $1 billion in capital equity and securing over $600 million in project financing from leading investors. Our diverse leadership, including the expertise of Doral Renewable Energy Resources Group (TASE:DORL), Migdal Insurance Company, and US-based Clean Air Generation, coupled with financial backing from Apollo Global Management (NYSE:APO), underscores our dedication to advancing sustainable practices in farming communities.
At Doral Renewables, we’re not just developers of renewable energy – we’re partners dedicated to empowering farmers and communities, and cultivating a brighter, more sustainable future through economic revitalization, community development, agrivoltaics and beyond.
