NIPSCO Announces 2 Solar Projects Worth 300 MW in Indiana
- NIPSCO has actually announced the next phase of its strategies to change to cleaner power resources, with the enhancement of 2 new solar projects in central Indiana.
NIPSCO, a subsidiary of NiSource Inc has actually announced the following stage of its strategies to transition to lower-cost, cleaner power resources, with the addition of 2 new solar projects that will certainly be based in main Indiana. The statement belongs to the energy company's "Your Energy, Your Future" effort-- a customer-centric initiative focused on delivering a much more budget friendly, trusted and also sustainable energy mix for the future.
" Renewable energy modern technology remains to breakthrough and also it plays an essential role in our development towards giving lower-cost energy resources while preserving the reliability our customers anticipate," stated Mike Hooper, NIPSCO president. "This latest addition is an additional interesting progression for our consumers and also the state of Indiana as we look towards the future.
The firm plans to be coal-free by 2028, and the firm is including a combination of renewable energy sources including wind, solar as well as battery storage innovation to its existing natural gas generation sources. Numerous Indiana-based wind projects have previously been introduced as well as construction task is underway.
It has actually likewise finalised two 20-year acquisition power contracts (PPAs) with subsidiaries of renewable energy developer NextEra Energy Resources, LLC, for the electricity produced by these most recent solar projects. The brand-new solar ability is anticipated to be in operation by mid-2023 with the two introduced projects representing about 300 megawatts (MW) of nameplate capability.
" We delight in to deal with our companions at NIPSCO to bring low-priced, renewable energy to customers as well as economic development to the state of Indiana," stated Matt Handel, elderly vice president of development for NextEra Energy Resources. "These 2 solar projects will supply exciting new task opportunities, economic development as well as tidy, native electrical power in Indiana for years to find."
Project profiles:
Brickyard Solar-- The 200 MW solar project, to be established, built, possessed as well as run by a subsidiary of NextEra Energy Resources, LLC will certainly be situated in Boone County. The project will consist of an approximated 675,000 solar panels. NIPSCO will acquire the power directly from Brickyard Solar.
Greensboro Solar-- This solar project, to be developed, constructed, had and also operated by a subsidiary of NextEra Energy Resources, LLC, will certainly supply 100 MW of solar, together with 30 MW of battery storage space. It will certainly be located in Henry County. The project will include an estimated 329,500 photovoltaic panels. NIPSCO will certainly buy the power straight from Greensboro Solar.
Both projects were picked complying with an extensive evaluation of quotes sent with the all source Request for Proposal (RFP) procedure that NIPSCO underwent in late 2019.