Arevon is proud to be building the Posey Solar Project, located in Posey County, Indiana.
Here is a snapshot of the project:
190 megawatt AC
Posey County, Indiana. The power will be transmitted to the AB Brown - Gibson transmission line.
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.
Direct investment in the hundreds of millions of dollars
The project will generate clean renewable energy, for Indiana homes and businesses.
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.
The Posey Solar Project represents an investment of nearly $162 million in the area economy, which includes:
Does not need external fuel inputs, reducing transportation risks and increasing reliability
Will help Indiana meet its power needs
212 full-time construction jobs
$31.2 million contribution to Posey County’s GDP
79 additional, indirect full-time local and regional jobs
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.
Engineering and Permitting