Taking the next step forward in its electric generation transition to a more diverse, balanced and reliable portfolio, Northern Indiana Public Service Company LLC (NIPSCO) – a subsidiary of NiSource Inc. (NYSE: NI), today announced the completion of another solar project in its electric generation fleet. Cavalry Solar is now online and operating, producing more cost-effective, cleaner energy for homes and businesses.
“The completion of Cavalry Solar, the third solar project in NIPSCO’s generating mix, is a crucial step in advancing our energy generation transition plan to provide sustainable, cost-effective and reliable energy now and into the future,” said Vince Parisi, NIPSCO President and Chief Operating Officer. “The inclusion of battery energy storage is an example of the advancing technology we’re incorporating into our energy transition to best meet the needs of our customers.
Cavalry Energy Center, LLC, a subsidiary of NextEra Energy Resources, LLC, developed and constructed the 200-megawatt (MW) solar facility with an additional 45 MW of battery energy storage capability located in White County, Ind.
“We are pleased to work with NIPSCO on this solar project, and we look forward to continue working with them to bring additional renewable energy projects to the Hoosier state in the coming years,” said Anthony Pedroni, vice president of renewables and storage development at NextEra Energy Resources, the world’s largest generator of renewable energy from the wind and the sun, and a world leader in battery energy storage.
The facility will produce enough energy to power approximately 60,000 homes, and it is expected to generate approximately $25 million in additional tax revenue for White County over the life of the project.
Cavalry Solar joins two additional solar projects in NIPSCO’s electric generating portfolio – Indiana Crossroads Solar also located in White County and Dunns Bridge I Solar located in Jasper County. Dunns Bridge II Solar, located in Jasper and Starke counties is under construction by another subsidiary of NextEra Energy Resources.
These solar projects, combined with NIPSCO’s in-service wind projects, are performing well, and 100 percent of the excess power sales and renewable energy credit (REC) sales from these existing renewable projects and our existing generation fleet currently goes back to customers, which is nearly $80 million since 2021.
Renewable Project Profile List
The following lists represents projects that are currently operational or under construction. Projects that are power purchase agreements are noted with “(PPA).”
Completed Projects:
Upcoming Projects:
These projects were selected through a request for proposals process as part of our Integrated Resource Plans (IRP) in 2018 and 2021, which informed NIPSCO’s overall electric generation transition plan that includes a more balanced and reliable generating portfolio* where the company plans to be coal-free by 2028, driving a reduction in carbon emissions by more than 90% by 2030, compared to a 2005 baseline.
The IRP is a regulatory process that includes an extensive analysis of a range of resource options against objectives for future electric generation portfolios to be reliable, cost-effective, sustainable, diverse and flexible. The IRP process is a requirement of all electric utilities in Indiana and takes place every three years. This year marks another IRP year, and NIPSCO will outline our long-term plan to supply electricity to our customers over the next 20 years in a final report set to be published in November. To learn more about the IRP process, visit NIPSCO.com/IRP.
