Purdue University plans to demolish an old coal-burning boiler, convert another coal-burning boiler to natural gas and install a natural gas-fired combined heat and power unit as part of a new comprehensive energy plan.
Duke Energy Corp. said first-quarter profit fell 42 percent after a regulatory settlement in Indiana increased costs and mild weather reduced heating demand.
Mountain bikers have salivated for years about building trails in the rolling hills of Eagle Creek Park, the city’s largest municipal park. But environmentalists worry the paths would cause erosion.
Crude-oil production jumped 8.3 percent in Indiana in 2011, to just under 2 million barrels—the highest output in a decade, according to data from the Indiana Department of Natural Resources.
Indianapolis-based Blue Pillar Inc., which makes software to manage electrical grids, has closed on $7 million in funding from four venture capital firms, it said Monday.
Duke Energy Corp. has agreed to cap the cost of its troubled coal-gasification plant in southwestern Indiana at $2.6 billion, or about $700 million less than the expected cost of construction, as part of a proposed settlement announced Monday.
New federal mercury-reduction regulations may force Indianapolis Power & Light to spend nearly $1 billion to upgrade its coal-fired electric plants scattered around Indiana. Duke Energy is mulling everything from plant upgrades to shutting down older units.
Work is starting on an 8-mile-long tunnel under the south side of Indianapolis that is the first major part of a $1.6 billion project aimed at reducing the release of raw sewage into the city's rivers.
The city is guaranteed $7.5 million in savings over 15 years from a $18 million upgrade of city facilities, and the savings are expected to accumulate further.
The owner of Market Square Center is complaining to state utility regulators that Indianapolis Power & Light has failed to provide reliable service to the office building, better known as the Gold Building, at 151 N. Delaware St.
A coalition of vegetable growers, including one from Indiana that contains Red Gold Inc., wants U.S. regulators to study the potential damage facing their fields from a new generation of herbicide-tolerant crops.
E-biofuels LLC in Middletown has fallen into liquidation, listing debts of $17.3 million. The closing of the plant leaves four remaining facilities in the state capable of producing biodiesel fuel.
Many farmers across Indiana have been weighing whether to take advantage of this spring's warm weather and plant their crops earlier than usual. Doing so, however, would put them at risk.
A new state law that merges three longtime rule-making boards into a single panel is stoking concerns among business and environmental groups about what the shift could eventually mean for Indiana's environmental regulations.
Waning demand for gasoline is putting the United States on course to miss a target for ethanol use for the first time, signaling no let-up in the slide in prices.
A Russian timber tycoon who poured millions into a battery maker with Hoosier roots is the new owner of Ener1 Inc. Boris Zingarevich supplied $50 million for Ener1’s March 30 exit from bankruptcy and is moving its headquarters from New York to Indianapolis—already home to its core subsidiary, EnerDel.
The $1.9 billion sale of the city’s water and sewer utilities was a profit gusher last year for buyer Citizens Energy Group—at least on paper. Dwarfing the returns of its gas, thermal and other divisions, the newly renamed Citizens Water turned a profit of $53.4 million.
The Democrat and Republican running to replace Gov. Mitch Daniels spent most of their Tuesday morning talk with Indiana corn growers and ethanol producers outlining their similarities, starting with the fact that their campaign vehicles run on E85 ethanol blends.
The federal government announced Monday it has taken a step toward wide distribution of fuel containing 85 percent gasoline and 15 percent ethanol by allowing manufacturers to register as suppliers.
The spectacular flameouts of some startup firms underscores the risk of relying on infusions of federal money to keep a business viable.
