Vectren cleared to build 50-MW solar park in Indiana
Solar plant. Photo by: First Solar (www.firstsolar.com)
The Indiana Utility Regulatory Commission (IURC) has given its nod to a proposal calling for the construction of a 50-MW solar park in the state, planned to be commissioned in 2020.
The scheme was proposed by Vectren Energy Delivery of Indiana – South (Vectren), a unit of Indiana-based energy group Vectren Corp (NYSE:VVC), and is part of the company’s strategy to cut its carbon dioxide (CO2) emissions by 60% by 2024, as compared to 2005 levels. The plant, itself, will be built by First Solar (NASDAQ:FSLR), Vectren said on Wednesday.
The be located near Troy, in Indiana’s Spencer County, the photovoltaic (PV) park will use about 150,000 solar panels that are scheduled to go live in the autumn of 2020. Together with Vectren’s 4 MW of already operational PV assets, the company estimates it will generate enough solar electricity to supply over 12,000 homes annually.
Vectren partnered with Orion Renewable Power Resources LLC to select, secure and develop the property.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.