Fishers-based American Resources Corp. has acquired the former RCA Thomson plant in Marion. ReElement Technologies is investing a minimum of $100 million to convert the 425,000-square-foot facility into a rare earth and battery material refinery.... Read More
Nebraska-based Valmont Industries cut the ribbon Thursday on a new solar array at its manufacturing facility in Bristol. The company, which makes sustainably-focused concrete utility poles, said the array will offset 100% of the plant's electricity usage.... Read More
Northern Indiana Public Service Co. announced this week that two of its first Indiana-based solar projects are operational. Together, the projects are expected to produce hundreds of megawatts of power and bring millions of dollars in economic investment.... Read More
Newburgh-based Energy Systems Group LLC is under new ownership. The sustainable energy solutions provider announced Tuesday it has been acquired by Oaktree Capital Management LP, a global investment management firm headquartered in Los Angeles, California.... Read More
Columbus-based Cummins has acquired the remaining 19% interest in Hydrogenics Corp., a fuel cell systems provider in Canada. The deal comes nearly four years after Cummins completed its $290 million purchase the majority of the company's outstanding shares.... Read More
Indiana Michigan Power (I&M) is temporarily suspending disconnections for customers. The Fort Wayne-based utility said this week the move is due to “unprecedented levels of unhealthy air quality” caused by the Canadian wildfires.... Read More
An East Central Indiana school corporation that sought access to a wind turbine will not be on the hook for more than $1.5 million in damages after the state supreme court ruled Wednesday that the construction contract “is void and unenforceable.”... Read More
Plainfield-based Duke Energy is planning to acquire the power generated from the forthcoming Speedway Solar farm in Shelby County. The utility said the 199 megawatts of energy generated will provide enough electricity to power about 35,000 homes.... Read More
Customers of AES Indiana could see their monthly electricity bills climb an average of 13% if state regulators approve the utility’s newest request for a rate increase. The company seeks to cover what it said were its rising operational costs and other needs.... Read More
Texas-based Pelican Energy Partners said this week it is investing in Blue Wave AI Labs, a software company in West Lafayette. The private equity firm declined to provide a dollar figure for the investment, but said it is receiving a stake in the company.... Read More
Purdue University Fort Wayne is embracing solar energy with a new grant from EBSCO Information Services. The university's Helmke Library is one of three libraries receiving grant support from EBSCO to cover the cost of solar array installation. ... Read More
Merrillville-based NiSource plans to sell a nearly 20% non-controlling interest in its Northern Indiana Public Service Co. subsidiary. The company said the deal with an affiliate of Blackstone Infrastructure Partners is valued at more than $2.1 billion.... Read More
Texas-based EDP Renewables North America has announced a 20-year power purchase agreement with NIPSCO in Merrillville. Through the deal, the utility will buy the power generated by the $365 million, 198-megawatt Carpenter Wind Farm in Jasper County.... Read More
Typical Indiana residents could see a close to 5% reduction in their electric bills if AES Indiana's quarterly Fuel Adjustment Charge filing with the Indiana Utility Regulatory Commission. ... Read More
The Indy Autonomous Challenge is making its first on-track appearance outside of the United States this weekend. For the first time, the full-scale autonomous racecars developed twill run on the Monza F1 circuit as part of the Milan Monza Motor Show in Italy.... Read More
A more than $3 billion electric vehicle battery cell plant is coming to St. Joseph County. General Motors and South Korea-based Samsung SDI announced Tuesday that they have selected New Carlisle to build the plant and will create 1,700 manufacturing jobs.... Read More
By the time it’s expected to come online in 2026, a West Terre Haute-based fertilizer plant will have the capacity to capture and store as much as 1.65 million tons of carbon dioxide annually, making it one of the largest carbon-sequestration projects in the country.... Read More
The Indiana project to be constructed east of the Town of New Carlisle will be a 188-megawatt operation with Honeysuckle Solar and a long-term power purchase agreement with AEP Energy Partners. The commercial solar farm will be privately-funded, costing $250 million, and will be able to power 27,000 homes.... Read More
The use of nuclear power from small modular reactors creates a promising, carbon-free energy option for Purdue University that should be further explored, according to an interim report from Purdue and North Carolina-based Duke Energy. ... Read More
West Lafayette-based Emergent Solar Energy has begun operation of a $500,000 solar project at the Indianapolis headquarters of Abel Construction Co. Emergent Managing Partner Jeremy Lipinksi said the project is one of the largest of its kind in Indianapolis.... Read More
