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AEP OnSite Partners signs LOI to develop solar field to power cryptocurrency mining

June 7, 2021

Sangha Systems, developers of an 82-MW cryptocurrency mining facility at a former steel mill in Hennepin, Illinois announced that it has signed a letter of intent (LOI) with AEP OnSite Partners to develop a 2 – 5-MW behind-the-meter solar power array to begin to migrate its electricity consumption towards clean energy.

Sangha Systems, through its subsidiary 82 River North, said it will generate additional value by using sensor technology to track and trace every kilowatt-hour flowing between the solar panels, its mining rigs, and the grid.

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