Officials with Indiana's wind energy industry say they are relieved by Congress' one-year extension of a tax credit but contend it will take a longer-term approach to grow the industry and create jobs in the state.
Construction crews are hustling to beat a Dec. 31 deadline to get 125 turbines in operation for a wind farm that is eventually planned to reach into four central Indiana counties.
The Wabash Valley Power Association has been reducing its dependence on energy produced from coal—from 95 percent five years ago to 54 percent today. The utility is leaning more on natural gas and even renewable-energy sources like methane from landfills and animal waste.
Unless Congress votes to extend renewable energy tax credits by the end of the year, E-on Climate & Renewables has to have all 125 wind turbines operational in Phase 1 of the Wildcat Wind Farm in northern Madison County and eastern Tipton County.
Indiana electric utilities choking on federal environmental rules that threaten their coal and oil-powered generating stations might be able to tap wind power generated in the plains states starting in 2017.
The Minnesota-based firm plans to generate the power at three, 10-megawatt sites in IPL’s service territory.
The failure of a second solar manufacturer that received loan guarantees from the U.S. Energy Department adds to pressure on President Barack Obama to justify incentives for the clean-energy industry that’s being undercut by Chinese competition.
Abound Solar Inc., a Colorado-based solar manufacturer that once hoped to hire 1,200 people in Indiana by the end of 2013, will close its doors and file for bankruptcy.
Following setbacks, industry leaders prepare to launch innovation center downstate
A company planning to build a wind farm spread across four central Indiana counties is asking officials in one of those counties for property tax breaks on a future phase of the project.
The City-County Council is set to hear a proposal by two companies to lease space on city-owned rooftops and sell electricity generated by solar panels installed in those spots.
A company planning to build a wind farm spread across four central Indiana counties north of Indianapolis says it has obtained 125 building permits for the project's first phase.
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 spectacular flameouts of some startup firms underscores the risk of relying on infusions of federal money to keep a business viable.