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Madison County gives OK for $12 million solar park

March 18, 2017

Nearly 30 acres of land in Madison County has been declared an economic development revitalization area for a planned 8.2-megawatt solar park.

The resolution was approved by the Madison County Council, the Herald-Bulletin of Anderson reported. The facility will be in Anderson.

The Indiana Municipal Power Agency plans to invest up to $12 million for the installation of 30,000 solar panels. The electricity produced would be the equivalent of what's needed to power 1,200 homes.

Indiana Municipal Power Agency senior vice president of generation Jack Alvey said the solar park would take about four months to build.

The utility wants a 10-year tax abatement for the project from the county.

Alvey said the utility has 13 solar parks in operation.

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