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Source Agriculture Corp Partners with RWE Clean Energy for Wind Turbine Installation in Illinois

ByNeelima
2024-09-30.9 months ago
Source Agriculture Corp Partners with RWE Clean Energy for Wind Turbine Installation in Illinois
Source Agriculture Corp Partners with RWE Clean Energy for Wind Turbine Installation in Illinois

Source Agriculture Corp announced a partnership with RWE Clean Energy Development LLC to install wind turbines on its 158-acre farm in Illinois.

This aligns with Source Agriculture's commitment to sustainability and higher revenue with clean energy.

Under this agreement, RWE Clean Energy will develop, construct, and manage the wind turbines and related infrastructure.

This partnership is in line with Source Agriculture's long-term plan to increase the return on investment (ROI) of its agricultural operations by utilizing renewable energy sources.

Source Agriculture seeks to reduce its environmental impact while increasing its earnings by integrating modern renewable energy technologies with traditional farming operations.

Vare Grewal, the President CEO of Source Agriculture Corp said, "This agreement with RWE Clean Energy is a testament to Source Agriculture's commitment to executing on our promised vision of integrating clean energy solutions into our operations.”

He added, “We are excited to partner with such a reputable and experienced company to advance our sustainability goals and enhance the value of our farm investments."

With its headquarters located in Essen, Germany, RWE Clean Energy is an international energy firm that generates and trades power throughout Asia-Pacific, Europe, and the United States. It is a part of RWE Group/RWE AG.

This collaboration is anticipated to help Source Agriculture transition to more sustainable farming practices while strengthening RWE's position in the US market.

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