On June 12, Target corporation said it was increasing its renewable energy goals by committing to source 100 percent of its electricity from renewable sources by 2030. The goal applies to all of Target’s domestic operations.
Target said it entered into a Virtual Power Purchase Agreement (VPPA) with Leeward Renewable Energy that will enable the construction of its Lone Tree Wind Project, a greenfield wind development project located in Bureau County, Illinois. The Lone Tree facility will have a capacity of approximately 79.4 megawatts (MW) and provide economic, health and clean air benefits to Bureau County.
Lone Tree will be built adjacent to an existing Leeward-owned wind farm, Crescent Ridge, leveraging Leeward’s long-standing relationships with the community and is expected to generate approximately 125 full time construction jobs during construction and the opportunity for permanent local jobs. The project also will create tax revenue to the County and neighboring townships.
Leeward expects to commence construction of the project in fall 2019 and to complete construction in December 2020.
Target also announced that it has signed a PPA with ENGIE to take 89-MW of capacity from the 200-MW Sand Fork Solar Project in Texas, which is slated to come online in 2021.
