Project Details

Tenaska_Posey_logo.png

Arevon and Tenaska are proud to be developing the Posey Solar Project, located in Posey County, Indiana.

Here is a snapshot of the project:

i-size-01-posey.png

Size

200 megawatt AC

i-location-posey.png

Location

Posey County, Indiana. The power will be transmitted to the AB Brown - Gibson transmission line.

i-land-area-posey.png

Land Area

The project will have a footprint of approximately 1,400 acres of land to locate solar panel arrays, an operations and maintenance building, inverters and access roads.

i-investment-posey.png

Investment

Direct investment in the hundreds of millions of dollars

i-power-generation-posey.png

Power Generation

The project will generate clean renewable energy, for Indiana homes and businesses.

i-project-life-posey-2.png

Project Life

Once constructed, the project has a 35-year useful life. After this time, it will be decommissioned in accordance with a decommissioning plan and bond.

project-details-posey.jpg

Benefits

Economic Benefits

The Posey Solar Project represents an investment of nearly $162 million in the area economy, which includes: 

Power Benefits

  • Does not need external fuel inputs, reducing transportation risks and increasing reliability

  • Will help Indiana meet its power needs

During Construction
  • 212 full-time construction jobs 

  • $31.2 million contribution to Posey County’s GDP 

  • 79 additional, indirect full-time local and regional jobs 

Environmental Benefits

  • Produces zero-emissions power that does not contribute to local pollution or global climate change

  • Generates power with no noise or smell

  • Will help Indiana meet its clean energy and climate goals

During 35-Year Operational Life
  • 5 full-time operations jobs 

  • $485,000 spent annually on goods and services to support operation 

  • $1.2 million contribution to Posey County’s GDP each year 

  • 8 additional, indirect full-time local and regional jobs 

This is in addition to millions of dollars in landowner lease payments and significant tax revenue to local units of government over the life of the solar project. At the same time, a solar project does not place a heavy burden on government-supported services like schools and police. 

Source: Economic benefits study conducted by Gnarly Tree Sustainability Institute, in collaboration with Dr. Kenneth Richards of Indiana University’s O’Neill School of Public and Environmental Affairs

Timeline

EARLY 2021

Local Agreements

MID 2021

Engineering and Permitting

EARLY 2022

Final Approvals

2022

Begin Construction

2023

Operational

For more information, please visit our FAQ section
Learn more about how solar energy works