Source Agriculture Corp, a leading agricultural company, has entered into a strategic agreement with RWE Clean Energy Development LLC, a subsidiary of RWE Group, to install wind turbines on its 158-acre farm in Illinois. This collaboration is a significant step towards Source Agriculture’s goal of enhancing the return on investment (ROI) of its agricultural holdings through the integration of clean energy projects.
The installation of wind turbines aligns with Source Agriculture’s vision of combining traditional farming practices with innovative renewable energy solutions. The company is committed to sustainable development and profitability, and this partnership with RWE Clean Energy is expected to drive additional revenue for Source Agriculture.
RWE Clean Energy brings extensive expertise in the U.S. renewable energy sector, having developed, constructed, and operated numerous renewable energy facilities across the country. The company’s involvement in this project underscores the significance of this partnership and its potential to drive growth for Source Agriculture.
“We are excited to partner with RWE Clean Energy to advance our sustainability goals and enhance the value of our farm investments,” said Vare Grewal, President CEO of Source Agriculture Corp. “This agreement is a testament to our commitment to integrating clean energy solutions into our operations.”
RWE AG, headquartered in Essen, Germany, is a multinational energy company with a global footprint in generating and trading electricity across Asia-Pacific, Europe, and the United States. The company was founded in 1898 as Rheinisch-Westfälisches Elektrizitätswerk Aktiengesellschaft (Rhenish-Westphalian Power Plant) and has since expanded its operations to become a leading player in the global energy market.
The installation of wind turbines on Source Agriculture’s farm is expected to be completed in the coming months, marking a significant milestone in the company’s commitment to sustainability and increased revenue generation.
