NIPSCO wraps up plans for 900 MW of new Indiana solar energy

• North Indiana Public Service Company (NIPSCO), a subsidiary of NiSource, revealed that it will certainly bring an added 900 MW of solar power to Indiana with the Dunns Bridge I, Dunns Bridge II as well as Cavalry Solar Energy Centers as part of the firm's long-term generation approach.

NIPSCO has actually wrapped up 3 construct transfer agreements with subsidiaries of NextEra Energy Resources. The solar projects are expected to start building in 2022 as well as anticipated to be functional in 2022 and 2023.

NextEra Energy Resources will create the projects and NIPSCO will certainly enter into joint endeavors to possess, operate as well as keep some elements of these properties when construction is total.

" The enhancement of these three solar projects and associated battery storage space is a financial investment in the future of Indiana and the future of NIPSCO, as we provide on our pledge of bringing risk-free, reliable as well as budget friendly energy to our consumers," said Mike Hooper, NIPSCO head of state. "Renewable innovation remains to breakthrough, and we are proud to be collaborating with NextEra Energy Resources on the Dunns Bridge as well as Cavalry solar projects as we remain to execute our 'Your Energy, Your Future' plan."

The investment in this new generation will certainly bring financial benefits to the state of Indiana consisting of both construction as well as long-term operating as well as maintenance jobs, together with enhancing the county tax base.

" Jasper County is pleased to continue our long-term relationship with NIPSCO with the advancement of the Dunn's Bridge Solar Project," stated Kendell Culp, Jasper County commissioner. "As the area continues to look for extra economic advancement projects because of the coming retirement of the Schahfer Generating Station, we look forward to this new possibility to bring security to our region's tax base."

The Indiana-based Dunns Bridge I, Dunns Bridge II and Cavalry solar projects were selected through a RFP solicitation that NIPSCO ran as part of its "Your Energy, Your Future" generation change, which was revealed in its 2018 Integrated Resource Plan (IRP).

Adding these 3 solar projects is the following action in bringing NIPSCO's customer-centric "Your Energy, Your Future" plan to life. The firm prepares to be coal-free by 2028 adding a combination of cleaner power resources to its existing profile, that includes natural gas and hydroelectric generation. This generation change aids provide an extra inexpensive, dependable and also sustainable energy mix for NIPSCO customers for several years to come-- saving customers $4 billion over the long-term. Typically, this shift would save NIPSCO customers an approximated $105 per year, just by removing the fuel prices of running its coal-fired producing plants.

5 sustainable projects have previously been announced by NIPSCO, that include a combination of comparable joint venture agreements as well as bought power contracts. 2 of the wind projects are near conclusion, consisting of the Jordan Creek Wind Energy Center, a subsidiary of NextEra Energy Resources. NIPSCO will certainly purchase the power directly from Jordan Creek Wind.

Project Profiles

The three latest NIPSCO projects were selected adhering to a detailed testimonial of bids submitted with the all resource RFP process that NIPSCO went through in late 2019-- which continues to attest the final thoughts of the 2018 NIPSCO IRP, that wind and also solar sources were shown to be reduced price choices for customers compared to various other energy resource choices.

NIPSCO will ask for the addition of these brand-new projects to its supply portfolio in filings with the Indiana Utility Regulatory Commission (IURC).

Dunns Bridge Solar I-- The 265-MW solar project will be situated in Jasper County. The project will consist of an approximated 900,000 photovoltaic panels as well as is anticipated to be operational in 2022. Dunns Bridge Solar will certainly be capable of producing adequate power to power 79,500 houses.

Dunns Bridge Solar II-- This project will have 435 MW of solar paired with 75 MW of battery storage space and also will also be found in Jasper County. The project will consist of an approximated 1,500,000 solar panels and is expected to be functional in 2023. Dunns Bridge II will certainly be capable of generating adequate energy to power 130,500 houses. Dunns Bridge Solar I & II are expected to generate around $59 million in extra tax income for Jasper County over the life of the projects and approximately 300 jobs throughout building. This project was initially established by Orion Wind Resources, a joint venture between Orion Renewable Energy Group as well as MAP Energy.

Cavalry Solar-- This project will have 200 MW of solar with 60 MW of battery storage and also will be located in White County. The project will include an estimated 650,000 solar panels and also is expected to be operational in late 2023. Cavalry Solar will be capable of creating adequate energy to power 60,000 houses. Cavalry Solar is expected to produce approximately $25 million in added revenue for White County over the life of the project and also approximately 200 jobs throughout building and construction.