Indiana utility seeks approval of PPA on 335 MW of solar projects

AN CenterPoint Energy subsidiary has filed for approval with the Indiana Utility Regulatory Commission (IURC) to enter into two power purchase agreements for an additional 335 MW of solar power for the next component in the company’s long-term power generation transition plan.

The company is seeking approval to purchase 185 MW of solar, under a 15-year PPA, from: Oriden, which is developing a solar project in Vermillion County, and 150 MW of solar, under a 20-year PPA, from Origis Energy, which is developing a solar energy project in Knox County. Pending approvals, both solar panels are expected to be operational by 2023.

The total 335 MW of these arrays can provide enough power to meet the needs of more than 70,000 households or 12,000 commercial customers per year.

“These additional renewables would serve our local electrical customers and provide a cost-effective, stable energy option,” said Steve Greenley, senior VP of Indiana Electric Operations for CenterPoint Energy. “We look forward to partnering with Oriden and Origis Energy in realizing these projects.”

In addition to the proposed PPAs, the company is awaiting approval to purchase a 300 MW solar panel and an additional 100 MW PPA.

“Oriden is proud to support CenterPoint Energy’s efforts to diversify their electric generation portfolio and contribute to the future of cleaner energy for its customers,” said Masahiro Ogiso, president and CEO of Oriden.

The PPAs represent the next step in the company’s “Smart Energy Future Plan” to meet stakeholder sustainability goals and implement a cost-effective, balanced energy mix for its 145,000 customers in Southwest Indiana.

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