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Dominion buys solar power projects near Indianapolis

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Energy provider Dominion Resources Inc. has acquired three solar-power development projects near Indianapolis from Minnesota-based Sunrise Energy Ventures.

The Richmond, Va.-based company said Monday that the projects are expected to be in service by the end of the year. They will generate 28.6 megawatts of electricity combined. The projects have 15-year power-purchase agreements with Indianapolis Power & Light Co.

Terms of the deal were not disclosed. Sunrise put a price tag of more than $50 million on the projects earlier this year when it sought zoning approvals and government funds to help develop them.

The three projects are known as Indy Solar I, Indy Solar II and Indy Solar III. Two of the projects are located 155 acres southeast of Indianapolis in Franklin Township. The third, located southwest of Indianapolis in Decatur Township, will be sited on 134 acres.

Engineering and construction firm AMEC will build the three facilities. The company also is building a 7.7-megawatt solar installation for Dominion near Augusta, Ga.

Dominion is one of the nation's largest producers and transporters of energy and serves retail customers in 15 states.

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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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