The developer and asset manager have signed a deal to develop 2 GWac of solar projects in six Midwestern states – more than the entire capacity that is currently online in those states. But this appears to only the beginning for the region.
10 GW of coal plants have already retired this year, and this is expected to hit 15.4 GW by the year’s end. But solar will have to compete with the “rush to gas” to replace this capacity.
Electric utility NIPSCO announced plans to close all of its coal facilities by 2028, replacing them with solar, solar+wind, wind, demand side response and the spot market. The utility says some of the coal facilities could have stayed open past 2035, but would have cost customers millions of dollars more than shifting to new solar power.
Indiana’s NIPSCO received bids for solar power at 3.57¢/kWh for 1.3 GW-AC, and 705 MW-AC of solar+storage at an extra charge of $5.90/kW-Mo. The Solar+wind+storage price was not disclosed.
Indianapolis Power & Light and the Indiana Office of Utility Consumer Counselor have reached a settlement that avoids an increase in fixed charges to $27 per month.
A new report sheds light on primarily states, primarily in the sunbelt, that dampen (or drown) rooftop solar through bad policies, or none at all.
At 200 MW the project is not only by far the largest in the state, but would increase Indiana’s current cumulative solar capacity by more than 70%.
In this op-ed Matt Kasper of Energy and Policy Institute explores the cozy relationship that new IURC member Dave Ober (R) has had with utilities.
Vectren has chosen the PV maker and developer to build the largest solar plant to date in Indiana, as the second large project announced for First Solar’s large-format Series 6.
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