US utility CenterPoint Energy has sought approval from the Indiana Utility Regulation Commission (IURC) to acquire a 130MW solar PV project in Pike County, Indiana.
CenterPoint Energy’s Indiana-based subsidiary entered into an agreement with renewables developer Invenergy for the development of the solar park and its subsequent acquisition once completed.
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Construction of the project will start upon obtaining a decision from the IURC, which is expected in early 2023, and the solar plant is set to be operational in 2025.
Moreover, the US utility has a pipeline of nearly 800MW of solar PV in Indiana and this project represents the third round of solar agreements in the utility’s plans to diversify its energy generation portfolio.
A project in Posey County with a capacity generation of 200MW has already received working approval, while the utility entered in a power purchase agreement (PPA) for a further 400MW in Warrick, Vermillion and Knox Counties.
“By seeking to add another universal solar project to our renewable energy portfolio, we continue to move forward with our long-term generation transition plan and remain committed to our economic and environmental goals for the region,” said Steve Greenley, senior vice president of generation development at CenterPoint Energy.