Officials in Madison County have rejected a tax abatement for a proposed solar farm, putting the $110 million project in jeopardy.
Duke said Thursday it will lease about 10 acres from the Purdue Research Foundation for the project it calls the Tippecanoe County Solar Power Plant.
Officials announced Tuesday that plans call for Brooklyn, New York-based Ranger Power to build the solar project in Shelby County starting in 2022.
Altogether, the projects will feature 6,196 panels that produce more than 2.7 million kilowatt hours annually, roughly enough to power 235 homes.
The farm can produce up to 600 kilowatts of power and is expected to generate 85 percent of the electricity used by the entire district.
The Indianapolis-based company, which began with a single dump truck 71 years ago, is about to go public in a merger worth up to $345 million.
Some in the booming U.S. solar-power industry are hoping a decision this week by President Donald Trump doesn’t bring on an eclipse.
IEA Energy Services has completed about 200 wind and solar projects around the country, including the 9,000-acre Benton County Wind Farm in northern Indiana.
The solar industry is girding for a slowdown after a decade of double-digit expansion.
Hamilton County officials are looking to install 9,300 panels on the roofs of the county’s criminal justice complex in Noblesville.
Indiana Gov. Eric Holcomb has signed a bill into law that will reduce the financial benefits available to those who install solar panels.
Thus far, the Indiana governor has refused to detail any action he may take, saying he was “still reviewing” them and “looking at every angle.”
The bill was approved Wednesday by an 8-5 vote and goes to the full House for consideration. It’s already been approved by the Senate.
Indiana's power companies urged lawmakers on Wednesday to move forward with a bill that would curtail a financial incentive available to solar panel owners, even though it does not pose a current threat to their bottom line.
Imagine a future when solar cells can be sprayed or printed onto the windows of skyscrapers or atop sports utility vehicles—and at prices potentially far cheaper than today’s silicon-based panels. It’s not as far-fetched it sounds.
Nearly 30 acres of land in Madison County has been declared an economic development revitalization area for a planned 8.2-megawatt solar park.
At least one lawmaker said that inaccurate testimony by Sen. Brandt Hershman during a recent Statehouse hearing led him to back a bill that would reduce financial incentives for installing solar panels.
A state Senate committee has approved a bill that Indiana's investor-owned utilities back that would eliminate much of the financial incentive for installing solar panels.