Invenergy to create 195MW solar project for AES Corp's Indiana subsidiary

• An Indiana-based subsidiary of power distribution company AES Firm has announced it will certainly purchase a 195MW solar power project in the state in as part of its power transition program.

Indianapolis Power as well as Light Company (IPL) said today that designer Invenergy will certainly oversee the building and construction of the project in Clinton County. Building is expected to begin in Fall 2021, nevertheless, it is yet to be authorized by the Indiana Energy Regulatory Commission. It is expected ahead online in 2023.

IPL chief executive Kristina Lund said the subsidiary's financial investment in a utility-scale solar project "allows us to diversify our electric generation portfolio, while still accurately serving our customers."

" The recent innovations in electronic technologies and also renewable resource give our consumers a wide variety of alternatives when it involves exactly how they power their residences and organizations," said Lund. "Gone are the days when clients had to pick between dependability, affordability and sustainability."

The project is additionally expected to develop 200 jobs during the construction stage.

Parent company AES Company announced plans to merge its US-facing clean energy service with independent power producer (IPP) sPower last November, producing a 12GW project pipeline at the same time.

Indiana's solar capacity is anticipated to blossom over the next three years as a variety of energies in the state have announced large projects of their very own. Northern Indiana Public Service Company (NIPSCO) secured build-transfer agreements with NextEra Energy Resources' subsidiaries in October to create 900MW of solar and 135MW of battery storage, as well as signed a Power Acquisition Arrangement (PPA) to offtake 280MW of Indiana solar energy from Capital Characteristics at the end of last year. On the other hand, approximately 1GW of solar as well as storage is to be deployed in the state by CenterPoint Energy-owned Southern Indiana Gas as well as Electric Co. The company wants to wind down 730MW of coal-fired power generation by 2024.