NIPSCO adds 2 Indiana-grown solar farms to its renewable energy stock

Contributed By:The 411 News

Electric and gas utility plans to be coal-free by 2028

Construction will soon be underway on 2 downstate solar farms that will help NIPSCO become coal-free by 2028, the subsidiary of NiSource announced Friday.

NIPSCO finalized two 20-year purchase power agreements (PPAs) with subsidiaries of energy developer NextEra Energy Resources, LLC, for the electricity generated from 2 solar projects expected to be in operation by mid-2023.

The two projects represent approximately 300 megawatts (MW) of capacity.

Brickyard Solar – The 200 MW solar project, to be developed, constructed, owned and operated by a subsidiary of NextEra Energy Resources, will be located in Boone County. The project will include an estimated 675,000 solar panels. NIPSCO will purchase the power directly from Brickyard Solar.

Greensboro Solar – This solar project, to be developed, constructed, owned and operated by a subsidiary of NextEra Energy Resources, will provide 100 MW of solar, along with 30 MW of battery storage. It will be located in Henry County. The project will include an estimated 329,500 solar panels. NIPSCO will purchase the power directly from Greensboro Solar.

NIPSCO plans to be coal-free by 2028, and the company is adding a combination of renewable energy sources including wind, solar and battery storage technology to its existing natural gas generation resources. Several Indiana-based wind projects have previously been announced and construction activity is underway.

“Renewable energy technology continues to advance and it plays an essential role in our progression toward providing lower-cost energy resources, while maintaining the reliability our customers expect,” said Mike Hooper, NIPSCO president. “This latest addition is another exciting step forward for our customers and the state of Indiana as we look toward the future.”

Story Posted:07/19/2020

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