Arevon, CenterPoint Energy break ground on 228MW Indiana PV plant

Facebook
Twitter
LinkedIn
Reddit
Email
The project is expected online in mid-2025. Image: Arevon Energy

US renewable energy developer Arevon Energy has broken ground on a 228MW solar PV project in Indiana.

Arevon worked with regional electricity utility CenterPoint Energy to work on the Posey Solar Project, which is named after its location in Posey County, Indiana. The construction of the project will be handled by engineering, procurement and construction (EPC) contractor Bechtel and is expected to be complete in mid-2025.

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

Once complete, CenterPoint will own and operate the project. The utility is operational across Indiana, Ohio, Louisiana, Minnesota, Mississippi and Texas. Neither Arevon or CenterPoint revealed the solar module or system component suppliers for the site, but Arevon has previously signed a 2GW supply framework agreement with US Cadmium Telluride (CdTe) thin-film manufacturer First Solar.

“Posey Solar provides significant benefits to the state of Indiana and to Posey County, including cost-effective renewable energy, substantial construction jobs and long-term tax benefits to the region,” said Kevin Smith, CEO at Arevon.

Last week, Spanish solar developer Solarpack and US tech giant Meta signed two environmental attribute purchase agreements (EAPAs) for two solar PV projects in Indiana with a combined capacity of 210MW. Earlier this month, Arevon signed agreements with Meta to power its Missouri operations with a 349MWac solar project in the state.  

Elsewhere in the US, Arevon was among the first US developers to avail itself of the Tax Credit Transferability scheme under the US Inflation Reduction Act (IRA). In November last year, it completed transferability payments for its 157MW/150MW “Vikings” solar-plus-storage project in California.

More recently, the company secured US$.1 billion to support the development of a 374MW solar-plus-storage project in Kern County, California.

CenterPoint Energy is already active in the Indiana solar sector; in August 2022 it sought approval from the Indiana Utility Regulation Commission (IURC) to acquire a 130MW PV project in Pike County.  

8 October 2024
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
26 November 2024
Málaga, Spain
Understanding PV module supply to the European market in 2025. PV ModuleTech Europe 2024 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
17 June 2025
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.

Read Next

July 5, 2024
Dutch independent power producer (IPP) PowerField has put a 52MWh BESS at a PV plant into operation, co-located with a 28MWp solar PV plant, which the company claims is the largest such site in the Netherlands.
July 5, 2024
Germany generated more power from renewable energy sources in the first half of 2024 than at any other time in its history, according to a report from the Fraunhofer Institute for Solar Energy Systems (ISE).
Premium
July 5, 2024
India is still facing several challenges to increase its installed solar capacity, including financing and grid infrastructure. 
July 4, 2024
European floating solar (FPV) company SolarDuck has installed an offshore FPV pilot site in the Dutch North Sea.
July 4, 2024
Dubai-headquartered renewable energy developer Jakson Green has signed a power purchase agreement (PPA) with the state-run utility National Hydroelectric Power (NHPC) for the output of a 400MW solar PV project in India.
July 3, 2024
Germany has awarded 512MW of capacity to solar-plus-storage projects in its most recent Innovation Auction.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 9, 2024
Sands Expo and Convention Centre, Singapore
Upcoming Webinars
July 10, 2024
9am (BST) / 10am (CEST)
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia
Solar Media Events
October 8, 2024
San Francisco Bay Area, USA