Deriva Energy's 100 MW Wildflower Solar Facility Now Operational

Rhea-AI Summary

Deriva Energy has successfully launched its 100 MW Wildflower Solar facility in DeSoto County, Mississippi, marking the company's first investment in the state. The facility is now fully operational and generating clean power, with Toyota Motor North America as the primary power purchaser.

The project has created significant economic impact by employing 300 construction workers during installation and will provide long-term employment opportunities while contributing to the local tax base. The renewable energy generated supports Toyota's corporate sustainability goal of achieving carbon neutrality in operations by 2035, particularly benefiting their Mississippi-based Corolla manufacturing facility.

Positive

• Secured major corporate customer Toyota Motor North America for power purchase
• Created 300 construction jobs with additional long-term employment opportunities
• Generates new tax revenue for DeSoto County
• Established first operational presence in Mississippi market

Negative

• None.

CHARLOTTE, N.C., March 18, 2025 /PRNewswire/ -- Wildflower Solar is online and generating clean power in DeSoto County, Mississippi. This significant milestone marks the first investment of Deriva Energy in Mississippi.

Renewable energy from the Wildflower project stands at the forefront of Toyota's corporate sustainability initiatives.

"Deriva Energy is pleased to launch Wildflower Solar into full commercial operation," said John Clapp, CEO of Deriva Energy. "We are excited to expand our renewable energy footprint into the southeast and support the state's industrial complex and job-base with sustainable, zero-emission energy."

In addition to its environmental benefits, Wildflower Solar provides significant economic advantages to DeSoto County. The project employed close to 300 construction workers during installation and will continue to offer long-term employment opportunities while contributing to the local tax base and selling renewable power to Toyota Motor North America. Contracting for renewable energy from the Wildflower project stands at the forefront of Toyota's corporate sustainability initiatives.

"With Wildflower Solar operational, we are thrilled to continue advancing to Toyota's goal of achieving carbon neutrality in our operations by 2035," said Becky Martin, sustainability manager at Toyota Motor North America. "Mississippi is an important state for us, where we manufacture the Corolla. We're glad to be putting more renewables on the power grid, a key step in reducing our overall carbon footprint, as well."

About Deriva Energy
Deriva Energy is an established industry leader in clean energy, with over 6,000 megawatts of operating assets and over 12,500 MW of assets in development across the U.S. Headquartered in Charlotte, North Carolina, Deriva is a portfolio company of Brookfield, the world's largest owner and operator of renewable power and climate transition assets. For more inforaiton about Deriva, visit derivaenergy.com.

About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in North America for nearly 70 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our more than 1,800 dealerships.

Toyota directly employs nearly 64,000 people in North America who have contributed to the design, engineering, and assembly of nearly 49 million cars and trucks at our 14 manufacturing plants. In spring 2025, Toyota's plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. With more electrified vehicles on the road than any other automaker, Toyota currently offers 31 electrified options. For more information about Toyota, visit pressroom.toyota.com.

Contact:
press@DerivaEnergy.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/deriva-energys-100-mw-wildflower-solar-facility-now-operational-302404467.html

SOURCE Deriva Energy

FAQ

What is the capacity of Deriva Energy's new Wildflower Solar facility in Mississippi?

The Wildflower Solar facility has a capacity of 100 MW and is located in DeSoto County, Mississippi.

How many jobs did the Wildflower Solar project create in DeSoto County?

The project employed nearly 300 construction workers during installation and will provide additional long-term employment opportunities.

How does the Wildflower Solar facility support Toyota's (TM) sustainability goals?

The facility provides renewable power to Toyota, supporting their goal of achieving carbon neutrality in operations by 2035.

What is the significance of Wildflower Solar for Deriva Energy's expansion?

Wildflower Solar represents Deriva Energy's first investment in Mississippi, expanding their renewable energy footprint into the southeast.