Newsroom Archive

MJS Vista Sands 12/12/2024

Public Service Commission of Wisconsin Approves the Vista Sands Solar Project

The Vista Sands Solar Project proposed for Portage County received approval Thursday from the Public Service Commission of Wisconsin. The solar project will be the largest of its kind in Wisconsin and among th...
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Fastco recognition 12/03/2024

Doral Renewables’ CEO Recognized as Sustainability Growth Agent by Fast Company

Finding new and efficient sources of sustainable energy is paramount to overcoming the climate crisis. Two companies that are doing their part are Noveon Magnetics, which makes rare earth magnets from recycled ...
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Picture36 10/15/2024

Vista Sands Solar Project Set to Transform Wisconsin’s Energy Landscape with Major Public Health, Environmental, and Economic Benefits

A recently released report from Quantum Energy details the expected local and regional annual environmental, health and economic benefits of the Vista Sands Solar project (“Vista Sands”), a proposed 1.3-gig...
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Picture35 09/03/2024

Doral Renewables Secures Debt Financing and Executes Construction Contracts for the Remaining Phases of the Mammoth Solar Project

Doral Renewables LLC (“Doral Renewables”) announced the successful close of a project debt financing package to support initial construction of the remaining phases of its Mammoth Solar complex located in N...
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Picture32 09/13/2024

APG closes USD-400M Investment in Doral Renewables

Dutch pension investment company APG has completed its USD-400-million (EUR 363.1m) minority equity investment in Doral Renewables LLC to support the development and construction of the US renewable energy comp...
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Vista Sands 08/09/2024

Opinion: Opportunities Abound with Solar Project

Opinion Letter by Jill Knopacky, landowner with the Vista Sands Solar project: Dear Editor: Growing up in central Wisconsin, I cherished the rural setting of my family’s property. Hunting, fishing and nature ...
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NAAA Release Photo 07/24/2024

Mammoth Solar Wins the 2024 Dual-Use Plan of the Year at the North American Agrivoltaics Awards

Mammoth Solar, the Doral Renewables’ 1.3-gigawatt project across Starke and Pulaski counties in northwest Indiana, was awarded the Dual Use Plan of the Year award in the first edition of the North American Ag...
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2024 Mammoth Solar by Doral llc 07-09-24-1647 07/09/2024

Mammoth North Solar Project Celebrates Upcoming Commercial Operations

Doral Renewables celebrated today, July 9th, the upcoming beginning of commercial operations of its Mammoth North Solar project, a major segment of the Mammoth Solar project. The company was joined by Indiana...
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5 07/15/2024

How agrivoltaics will be used in the Mammoth North Solar project

The Mammoth North Solar Project went online Tuesday as leaders flipped the symbolic switch to turn on the 400-megawatt solar farm in Starke County. At a time when some communities fight what they call industria...
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Mammoth 07/10/2024

Mammoth North Solar project to begin commercial operations this summer

In Starke County, a major segment of Indiana’s largest solar panel is scheduled to begin commercial operations this summer. Doral Renewables hosted a ceremony on Tuesday for “Mammoth North Solar.” The sol...
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apg announcment 06/24/2024

Doral Renewables LLC Announces $400 Million Equity Investment from APG

oral Renewables LLC, a leading U.S. developer, owner, and operator of renewable energy and storage projects, announced today a $400 million minority equity investment by Dutch pension APG on behalf of the large...
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NWIT 06/01/2024

Mammoth Solar officials visit Northwest Indiana, pledge support of Starke County Youth Club

Mammoth Solar, which is developing one of the largest solar projects in the United States in Northwest Indiana, recently sent a delegation to Starke and Pulaski counties. Nick Cohen, the CEO of the parent comp...
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JB Op-Ed 05/11/2024

Solar Project Furthers Conservation, Clean-Energy Goals | Op-Ed by Jon Baker

Over the past two years, the Vista Sands Solar Project has been diligently planning a state-of-the-art solar energy project in Portage County, located in the village of Plover and towns of Buena Vista, Grant an...
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Localyst 04/23/2024

Indiana Farmer Transitions from Corn to Solar, Joining the Largest U.S. Solar Project

Norm Welker started his days at sunrise, navigating his combine across his vast 1,000-acre farm in northwest Indiana—a ritual he’s practiced for decades. However, he took particular notice of how sunlight d...
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PCL Doral 04/15/2024

Doral Renewables selects PCL to build 48-MW Great Bend Solar project in Southern Ohio

PCL Construction will be the EPC for Great Bend Solar, a 48-MWAC solar project being developed by Doral Renewables in Meigs County, Ohio. “PCL is committed to powering a greener future by connecting the worl...
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AP Pickup- Great Bend Debt Financing 03/21/2024

Doral Renewables Secures Debt Financing For the Great Bend Solar Project

Doral Renewables LLC (“Doral Renewables”) has successfully closed construction debt financing for its Great Bend Solar project. HSBC acted as sole lender for the $114 million financing for the project, whic...
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top15 03/14/2024

Doral Renewables Recognized as One of the “Rising Stars” Renewable Energy Companies in 2024

In this list, we recognize 15 such companies that have been set up in the last five years and which we believe are having a notable impact on the renewables and cleantech world. Our criteria for including compa...
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Josh-Shapiro 03/15/2024

Pennsylvania Labor & Industry Leaders Praise Governor Shapiro’s Commonsense Energy Plan

Nick Cohen, President, and CEO of Doral Renewables: “Pennsylvania is sending an economic message to companies to locate and expand businesses in the Commonwealth rather than in competing states. A modernized...
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03/14/2024

Doral Renewables Comments on Governor Shapiro’s Energy Plans

In an official statement, Doral Renewables supported Pennsylvania Governor Josh Shapiro Energy Plan, announced on Wednesday, March 14th, 2024. With hundreds of megawatts under development in the Commonwealth, D...
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SBT 01/26/2024

Viewpoint: Solar Is a Solution, Not a Problem

When Doral Renewables approached me about potentially transitioning our farm to solar power, I had some long conversations with Doral and my family. My first concern was the same as many solar opponents — e...
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REW 01/25/2024

Mastodon Skulls, Homemade Beer, and The Largest Solar Project in America: A Mammoth Update

Mammoth Solar is a massive, 13,000-acre Indiana solar project that received its name from the woolly behemoth President Jefferson so adored. Well, kind of. A well-preserved fossil was discovered in Pulaski Coun...
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Shapiro 01/22/2024

Pennsylvania Gov. Shapiro Promised 30% Renewable Electricity by 2030. Will That Happen?

Nick Cohen, president, CEO and co-founder of Philadelphia-based Doral Renewables, a solar energy developer, agreed. “You want to go to a state that is renewable friendly; an AEPS is one way of waving the flag...
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Evans interview 01/16/2024

Doral Renewables’ CFO Discusses Significant Project Financing and Start-of-Construction Activity In 2024

In an interview with NPM, Doral Renewables CFO Evan Speece indicated the start of full construction activities, and thus the timing of closing on project debt and tax equity for the Mammoth phases, would depend...
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Green Hydrogen Hubs PA Capital Star 12/04/2023

Hydrogen Hubs face scrutiny at Senate Dems hearing, Doral Renewables’ CEO Testifies

Nick Cohen, CEO of Philadelphia-based Doral Renewables, a renewable energy developer building one of the largest solar projects in the country, said that while Pennsylvania has enormous potential to be a leader...
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Inside Indiana Business 11/16/2023

Mammoth Solar Project Doubles Land Use With Local Animal, Crop Production

The country’s largest solar farm is being built on 13,000 acres in Starke and Pulaski counties in northwest Indiana. It is largely rural farmland with a total combined population of about 35,000. Then, solar ...
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John Wikman 11/02/2023

Starke County Landowner Shares His Experience Working with Doral Renewables

Starke County farmer, John Wikman, who’s also a landowner in one of our project, wrote a letter to the county’s commissioners, detailing his experience working with Doral Renewables and the benefits...
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Picture1222 08/10/2023

Proposed Portage County solar farm expects to begin approval process this fall

Doral Renewables has about 8,500 acres under contract for the project, known as the Vista Sands Solar Project, said Eric Callisto of the law firm Michael Best & Friedrich. The law firm is acting as an outsi...
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esn 05/15/2023

BP and Doral Renewables Executives Join Energy Systems Network Board of Directors

Energy Systems Network (ESN), Indiana’s industry-driven advanced energy and transportation initiative, elected two new members to its board of directors. Damian Bilbao, Vice President of U.S. low-carbon ventu...
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Picture1AA 04/30/2023

Mammoth Solar is Helping Local Businesses in Unexpected Ways

As the owner and chef of Maggie Lu’s Market Catering Company in North Judson, I am fortunate enough to experience first-hand what makes our community so special. From talking to people as we pass on the stree...
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Billy Bope op ed 04/28/2023

Ag, Energy Collide in Starke Co., Creating a Bright Future for Northwest Indiana

An Op-Ed by Billy Bope, Landowner, Mammoth North Solar ...
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Evan 04/25/2023

Gigawatts of Solar and Wind Power: Hear from Doral Renewables CFO, Live From NYSE

IPO Edge hosted a fireside chat from the floor of the New York Stock Exchange with Evan Speece, CFO of Doral Renewables joined IPO Edge hosted a fireside chat from the floor of the New York Stock Exchange....
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Picture99 02/23/2023

Doral Renewables Pledges $15,000 to West Central School Corporation

Doral Renewables announced its pledge to support the West Central School Corporation with a large donation. The company donated $15,000 to fund various student-focused programming and local initiatives. The ges...
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AAA2 02/07/2023

Solar Panels Are the Midwest’s New Cash Crop as Green Energy Booms

Ohio and Indiana — two Republican-led US states long dependent on coal power — are on the verge of solar-farm booms so staggering that their respective buildouts between now and 2027...
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Picture144 01/15/2023

Op-Ed: Mammoth Solar Provides Energy, Opportunity For Indiana

The northwest parts of our state are undergoing a transformation and attracting investment like never before. Among the most exciting elements of this renewal is our capacity to lead the way in developing renew...
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MAMMOT~2 12/24/2022

Largest Solar Farm in the Country Moves Forward in Northern Indiana

Much of the farmland surrounding the town of Knox laid dormant after this year’s harvest. However, just across the road thousands of metal frames stood in tidy rows, ready for an entirely different kind o...
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Picture11 11/21/2022

Doral Renewable’s CFO Walks Through USD 1.1bn Capital Raise on Late-Stage Projects and Long-Term Pipeline

“If we had utilized a traditional auction process, it would not have resulted in us efficiently obtaining the benefit of tax equity and LC coverage as part of the overall transaction,” said Evan Speece, CFO...
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2022 Doral Mammoth Solar Ground Breaking-413 11/03/2022

Doral Renewables Launch Mammoth South Solar

Doral Renewables LLC hosted a ceremonial event Thursday in the Pulaski County town of Francesville, Indiana to mark the start of construction on the second phase of Mammoth Solar, a $1.5 billion, 1.3 GW solar f...
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ddd 10/18/2022

Doral Renewables Secures Up To $1.1 Billion Of Growth Capital

Doral Renewables LLC, a leading renewable energy developer, announced today that it has entered into an agreement to sell up to $500 million of convertible notes to funds managed by Apollo (NYSE: APO) affiliate...
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Picture6 08/04/2022

CVS Advances Sustainability Efforts Through Purchase of Renewable Energy From Mammoth Central

Through this agreement, CVS Health will receive renewable energy and renewable energy certificates equal to a 42-megawatt share of the Mammoth Central solar facility, the third and final phase of Doral Renewabl...
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Picture7 06/23/2022

Bank of America to Buy Green Electricity Generated at the Mammoth Central Solar Project

The new 160-megawatt offsite renewable energy agreement will help Bank of America reduce its carbon footprint by more than 95,000 metric tons annually by sourcing energy from Mammoth Central, the third phase of...
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Picture111 06/14/2022

Doral Closes Financing for 400 MW Mammoth North Project in Indiana

Doral Renewables LLC has successfully closed construction project financing for Mammoth North, the first phase of the Mammoth Solar project. Mammoth North is located on 4,500 acres in Starke County, IN, in the ...
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August 2022_7 05/05/2022

Mammoth Solar First Phase Enters Construction

Doral Renewables LLC has signed an Engineering Procurement and Construction Agreement with SOLV Energy for the Mammoth Solar project in northwest Indiana. This deal represents the plan to build the solar farm...
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30 04/06/2022

Doral Renewables LLC Appoints Tyrone Thomas as General Counsel

Doral Renewables LLC welcomes Tyrone H. Thomas, Jr. as General Counsel. Tyrone has broad strategic and transactional experience within the renewable energy industry, having most recently served as both Head of ...
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Walorski at Mammoth 3 02/25/2022

US Congresswoman Jackie Walorski Tours Mammoth Solar Project

Community leadership in Starke and Pulaski counties hosted Congresswoman Jackie Walorski at the Mammoth Solar project site. The Congresswoman also took part in a roundtable discussion with local landowners and ...
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Picture88 01/31/2022

Migdal Expands Investment in Doral Renewables’ Mammoth Solar

Migdal insurance is expanding its strategic partnership with Doral Renewables LLC by committing an additional amount of up to $75 million in the second phase of the company’s Mammoth Solar project in northwes...
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Picture23 12/22/2021

Doral acquires Georgia Solar Project from Avangrid

Doral Renewables LLC announced that it has acquired the 150 MW Brenneman Solar Project from AVANGRID, Inc. The project is being constructed in Macon County, Georgia, located in the Southeastern Electric Reliabi...
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48-D21A 09/16/2021

Doral Renewables LLC Appoints Evan Speece as Chief Financial Officer

Doral Renewables LLC (Doral LLC), a developer and operator of clean energy generation assets, welcomes Evan Speece as Chief Financial Officer (CFO). Evan has deep energy finance and transactional experience, ha...
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5 02/09/2021

Former Israeli Mossad Chief, Yossi Cohen, Appointed as Director at Doral Renewables LLC

Mr. Yossi Cohen, former Head of Israeli Mossad, the national intelligence agency of Israel, was appointed today as a Director at Doral Renewables LLC (Doral LLC), the U.S subsidiary of Doral Group, a leading Is...
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Picture15 08/09/2021

AEP Energy And Doral LLC Execute Additional Solar Power Purchase Agreement In PJM

AEP Energy, one of the largest electric energy wholesale suppliers in the U.S., and Doral Renewables LLC have signed an additional long-term renewable energy purchase agreement for the second phase of the Mammo...
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Picture4 05/03/2021

Doral Renewables Executes 400 MW PPA with AEP In PJM

AEP Energy, a subsidiary of American Electric Power and one of the largest electric energy wholesale and retail suppliers in the U.S. Doral LLC announced the signing of a long-term renewable energy purchase agr...
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66 05/03/2021

Migdal will Invest Approximately $355 Million in Doral Renewables LLC

A substantial investment transaction for Migdal Insurance, Israel’s largest insurance company and pension manager in Doral LLC. The transaction outline includes an investment of approximately $110 million, i...
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