August 24, 2015

Indiana Regulators OK Solar Power Agreements For Duke Energy

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KOKOMO, Ind. (AP) — Indiana regulators have approved a series of agreements that will allow Duke Energy to purchase 20 megawatts of power from four solar farms in the works around the state.

One of the purchased-power agreements approved Thursday by the Indiana Utility Regulatory Commission is between Duke Energy Indiana and Inovateus Solar.

Senior Inovateus account executive Conrad Chase says the company will break ground this fall on a $10 million solar farm in Kokomo that will have produce 6.5 megawatts of electricity.

Chase tells the Kokomo Tribune Duke Energy will buy the solar farm's electricity and distribute it on the grid.

The IURC on Thursday also approved purchased-power agreements between the developers of three other solar farms and Duke Energy Indiana. Those farms will be in Clay, Vigo and Sullivan counties.

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