[Jay County, IN] – Hodson Energy, a leading solar developer backed by Great Bay Renewables, is pleased to announce the approval of the Economic Development Plan for a 39-megawatt (MW) solar project in Jay County, Indiana. The project was unanimously approved by Jay County’s Planning Commission on May 9, 2024.
The approved solar project, is projected to bring substantial economic benefits to Buckingham County, including an estimated $13.3 million in tax revenue over the project’s lifespan. This financial package is inclusive of front-loaded payments that Hodson has urged leaders to deploy locally to the benefit of citizens nearest the project’s footprint. “This solar project will create environmental and economic benefits while simultaneously help the Utilities in Indiana meet their Renewable Portfolio Standards (RPS) requirements” said Sukhin Bhandari, COO of Hodson Energy.
The project plan incorporates a pollinator-friendly seed mix, explained Hodson Energy’s attorney Maura J. Hoff of DeFur Voran, Muncie, as well as a 10-foot “dense screen” of evergreens and trees native to Indiana. Local farmers’ sheep will also be allowed to graze around the property, providing some “natural maintenance to the site as well,” Hoff added.
“This project represents a significant investment in the local community. In addition to its environmental benefits, the project will create local job opportunities during the construction and ongoing maintenance phases.” said Kyle West Sr. Development Advisor for Hodson Energy.
“This is testament to Hodson Energy’s development process as this approval comes on the heels of the permitting of its 80 MW project in Buckingham County, Virginia” said RS Gill CEO of Hodson Energy.
For more information about Hodson Energy and its projects, please visit https://hodsonenergy.com/
