Inovateus Solar, a worldwide developer and installer of commercial and industrial solar power systems, has participated in the development of a ground-based solar array project installed on the newly operational Maywood Solar farm near the Vertellus Specialties headquarters in Indianapolis, Ind.
The 43 acre site is owned by Vertellus Specialties and supported by Indianapolis Power & Light’s (IPL) Rate Renewable Energy Production (REP) Program. The 10.82-MW array is the first solar farm built on an existing Superfund site with previous ground contamination.
“We were excited to start the development of this project with Vertellus Specialties and hand it over to Hanwha Q CELLS for completion,” says Inovateus Solar President T.J. Kanczuzewski. “This is another example of how public utilities and private companies can work together to achieve the goal of introducing more renewable energy in the state of Indiana.”
The Maywood land is a Superfund project site that was remediated starting in 1992 under the supervision of the Environmental Protection Agency (EPA) and Indiana Department of Environmental Management (IDEM), and is now in a monitoring-only status. The solar array was constructed by Hanwha Q CELLS along with EPA, IDEM, IPL and Vertellus Specialties.
The projected reductions in carbon dioxide emissions are significant and will operate for a period of 20 years. The CO2 emissions are equal to the annual carbon emissions of more than 2,700 passenger vehicles or 1,800 homes.
Under the voluntary feed-in tariff program, IPL will pay Hanwha Q CELLS 20 cents per kW hour for the project. A total of 100 MW of renewable energy projects are allowed under the IPL Rate REP program, of which Inovateus is involved with approximately 24 MW of qualified solar energy generation through the Maywood Solar Farm and other projects.
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