Arevon begins 192 MW solar project in Indiana

Arevon begins construction of a 192 MW solar project in Pike County, Indiana, contributing to the regional energy infrastructure and bringing local economic benefits.

Share:

Subscribe for unlimited access to all the latest energy sector news.

Over 150 multisector articles and analyses every week.

For less than €3/week*

*For an annual commitment

*Engagement annuel à seulement 99 € (au lieu de 149 €), offre valable jusqu'au 30/07/2025 minuit.

Arevon begins construction of the 192-megawatt (MW) Ratts 1 solar project in Pike County, Indiana. This development is part of a strategy to strengthen the state’s energy infrastructure, with the aim of increasing solar energy production in a key region for the sector. The project is designed to provide electricity…

Arevon begins construction of the 192-megawatt (MW) Ratts 1 solar project in Pike County, Indiana.
This development is part of a strategy to strengthen the state’s energy infrastructure, with the aim of increasing solar energy production in a key region for the sector.
The project is designed to provide electricity to around 24,000 homes, marking a significant step forward in Indiana’s renewable energy supply.
This project joins the 73 MW Heirloom project, also under development nearby.
The two initiatives combined represent a total investment of nearly $400 million, with significant economic implications for local communities, notably in terms of job creation and revenue for local governments.

Economic and industrial impact

The Ratts 1 project is generating immediate economic activity in the region, with the creation of 200 full-time jobs during the construction phase.
Local businesses are also benefiting, with increased spending in the retail, restaurant and hotel sectors.
These projects not only strengthen the local economy, they also help to diversify income sources for landowners by integrating solar installations on their land.
At the inauguration ceremony, speakers emphasized the importance of these developments for the local economy and Indiana’s energy supply. This project is part of a series of initiatives aimed at consolidating the State’s position in the renewable energies sector.

Strategic deployment in Indiana

Arevon continues its development strategy in Indiana with the implementation of the $352 million Posey solar project, which is already under construction.
This project, like the others under development, is part of a larger plan to increase solar power generation capacity in the state, while bringing economic benefits to local communities.
Diversifying energy supplies is a priority for Indiana, and these solar projects make a significant contribution.
Arevon plans to announce the launch of another major project in the state in the near future, confirming its commitment to continued development in the region.

Two 13 MW solar facilities have been completed at the Fort Polk military site in Louisiana by Onyx Renewables and Corvias as part of a partnership to secure the site’s long-term energy supply.
Photon Energy Group reports quarterly revenue growth driven by solar technology trading, while profitability falls due to a weaker capacity market.
The public utility Eskom launches a tender to sell long-term solar electricity via PPAs, directly targeting industrial players amid continued pressure on national energy security.
The Norwegian group Scatec strengthens its position in emerging markets with a marked increase in revenue and its portfolio of projects under construction.
The consortium led by Masdar has secured approximately $1.1 billion in financing to build one of the world’s largest solar power plants in Saudi Arabia’s Eastern Province.
The European Bank for Reconstruction and Development is financing the modernization of Enerjisa Enerji’s electricity distribution network in the Toroslar region, affected by the 2023 earthquakes.
Vikram Solar will supply 250 MW of high-efficiency solar modules to the Bondada Group for a project in Maharashtra, with deployment scheduled to begin in fiscal year 2025–2026.
Meta secures its energy supply in South Carolina with a 100-megawatt solar project led by Silicon Ranch and Central Electric Power Cooperative. The site will support the group's future data center in Graniteville.
SolAmerica Energy secures a $100 million revolving credit facility with Deutsche Bank to support its distributed solar assets in the United States.
Diamond Infrastructure Solutions grants Third Pillar Solar exclusive access to its Texas reservoirs to evaluate the potential for 500 MW of floating solar as part of a $700 million investment.
The Jackson County Solar project, valued at 125 megawatts, is expected to generate more than $70 million in direct economic impact for local communities in Michigan.
Empower New Energy commissions a solar power plant in Egypt for L’Oréal, completing a direct investment structured without debt and strengthening its market entry strategy in the African industrial sector.
Looser eligibility rules for U.S. solar tax credits triggered an immediate stock surge, easing investor concerns about potential regulatory tightening.
TCL SunPower Global entrusts the distribution of its solar panels to Energia Italia, thereby consolidating its presence in the Italian market within a context of strategic restructuring.
Weakened by the exclusion of its solar panels from the U.S. market, Maxeon reports a sharp revenue decline and adjusts its financial structure under market pressure.
The Manah-1 solar project in Oman, with a capacity of 500 MW, was delivered by Shanghai Electric and has recorded a stable first month of operation, strengthening industrial and technical cooperation with Électricité de France.
Vanda RE is in talks with potential buyers in Singapore for electricity from a $3 billion solar and storage project in Indonesia’s Riau Islands.
Rezolv Energy won three contracts for difference totalling 731MW in Romania’s second auction, supported by public financing mechanisms for renewable energy.
Gentari has started construction at the Maryvale site, a solar project combined with a 409 MWh battery storage system, located in Central-West Orana and backed by a long-term public contract.
OX2 has obtained Australian environmental approval to build a solar and storage project in Muswellbrook, on a former coal site in New South Wales, marking a milestone in its industrial strategy in the region.
Consent Preferences