AES Indiana to acquire solar-plus-storage project from NextEra Energy Resources

By Charlie Duffield
Facebook
Twitter
LinkedIn
Reddit
Email
The 250MW Petersburg Solar Project is expected to be operational by May 2024. Image: AES Indiana via Twitter.

AES Indiana, a subsidiary of power distribution company AES Corporation, is planning to acquire and construct a 250MW PV project paired with a 180MWh energy storage facility in Indiana.

Set to be acquired from a subsidiary of NextEra Energy Resources, the Petersburg Solar Project is the next step toward AES Indiana’s transition to greener and smarter solutions, to meet the state’s future energy needs, the company said.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The facility will be connected to AES’ existing coal-fired Petersburg Generating Station and will be developed and constructed by NextEra Energy Resources in Pike County.

Kristina Lund, AES Indiana CEO, said: “The Petersburg Solar Project is a win-win solution that adds new technologies to our generation fleet, while also keeping economic benefits right here in Indiana.”

If approved by the Indiana Utility Regulatory Commission (IURC), construction will begin in autumn 2021, creating 200 temporary jobs in the process, with the project expected to be fully operational by May 2024. 

“Pike County welcomes the new investment of the Petersburg Solar Project and the several benefits of the project including new construction jobs and new tax revenue to the county,” said Ashley Willis, director of economic development, Pike County Economic Development Corporation.

Indiana has been highlighted as a potential growth market for solar in the US. The Solar Energy Industries Association and Wood Mackenzie’s Q2 Solar Market Insight Report, published in June, revealed that the state ranked fourth for solar installations in Q1 2021, having ranked just 32nd throughout 2020.

In June, the IURC approved AES Indiana’s plans to acquire the 195MW Hardy Hills solar project in Clinton County, Indiana.

Lund said: “The Petersburg Solar Project is another step in our strategy to accelerate the future of energy by diversifying our portfolio to include renewables along with conventional fuel sources and to prioritise major investments to modernise our energy grid.”

Read Next

August 7, 2025
Independent power producer Arevon Energy has powered the second phase of the Eland solar-plus-storage Center in Los Angeles, California.
August 7, 2025
Array Technologies and OMCO Solar have announced plans to supply US-made trackers for solar projects across the US.
August 4, 2025
Fluctuations in solar generation and energy prices during July’s heat dome in the US highlight the need for more nuanced data, says Solargis.
Premium
August 1, 2025
Sustained private investment into UK solar is starting to produce results, at least with regard to the role of solar power in its energy mix.
August 1, 2025
Western Australia network operator Western Power has confirmed it has granted two more network connection offers to two new large-scale renewable energy projects, bringing its total for 2024/25 to 759MW.
July 28, 2025
Spanish energy firm Zelestra and Portuguese utility EDP have signed what they call the “first” solar-plus-storage power purchase agreement (PPA) in the Spanish renewables market.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines