Indiana
Major solar project set for Posey County
POSEY COUNTY, Ind. — A Switzerland-based private asset management firm is planning another major solar project in southwest Indiana. Capital Dynamics says its Clean Energy Infrastructure business, in partnership with Nebraska-based Tenaska, are developing a 300-megawatt solar farm in Posey County that will create a small number of jobs.
The company says the Posey Solar Project will be located on up to 3,000 acres of land with construction set to begin in 2022. The solar farm will be designed and build in accordance with Posey County’s solar ordinance, which has specific guidelines for various items such as setbacks, road use and decommissioning.
“We are excited about locating this project in Posey County,” said Tiago Sabino Dias, chief executive officer of Capital Dynamics affiliate Arevon Energy Management. “We have signed leases with more than 65 landowners who will be able to diversify their income through solar, and we have had positive conversations with local leaders about the many economic benefits this solar field will bring.”
Capital Dynamics cites a study from the Gnarly Tree Sustainability Institute, which says the project will create direct construction jobs equal to 250 full-time jobs for 16-18 months, as well as five full-time operations and maintenance jobs at the site.
Additionally, the company has hired local resident Stacy Wagner to serve as community representative for the project.
“We are excited that Stacy has joined the Posey Solar team. Her knowledge of the community will be invaluable as we advance a project that benefits Posey County and is respectful of neighbors,” said Sabino Dias. “One of Stacy’s first tasks will be to assist in setting up our local office with regular hours, which we feel sends a strong message about our commitment to being a good business neighbor.”
Last month, Sabino Dias spoke with Inside INdiana Business about three other solar projects in Knox, Gibson and Pike counties, totaling $430 million, for our quarterly INPower newsletter.
The Posey Solar Project is expected to begin operation in 2023.
-
Local News1 week ago
State police used forensic examination of spent bullets to identify a US military member and an Indiana native as a murder suspect
-
Local News1 day ago
Vandalism reported on Christmas trees at Pioneer Park in Mooresville
-
Local News1 week ago
On the west side of Indianapolis, a car veers off the road and hits a church
-
Local News1 week ago
Students studying criminal justice at UIndy receive practical forensic science training
-
Local News2 weeks ago
AMCOR and Berry Global, based in Evansville, have announced a merger agreement
-
Local News1 day ago
One person injured following gunfire directed at a residence on the far east side
-
Local News1 week ago
With little possibility to alter the outcome, the write-in candidate for Monroe County council filed a recount
-
Local News2 weeks ago
Veterans can receive holiday financial assistance from the Indiana Military Family Relief Fund