Inovateus Solar LLC said July 30 that it has participated in the development of a ground-based solar array installed on the Maywood Solar farm, which went into operation earlier this year.
This new solar facility is located on 43 acres near the Vertellus Specialties Inc. headquarters in Indianapolis, Ind. The land is owned by Vertellus Specialties. The project is supported by Indianapolis Power & Light‘s (IPL) Rate Renewable Energy Production (REP) Program. This is the first solar farm built on an existing Superfund Site with previous ground contamination.
The solar array was constructed by Hanwha Q CELLS USA. Under the voluntary feed-in tariff program, IPL will pay Hanwha Q CELLS 20 cents per kW hour for the project, Inovateus noted. A total of 100 MW of renewable energy projects are allowed under the IPL Rate REP program, of which Inovateus is involved with approximately 24 MW of qualified solar energy generation through the Maywood Solar Farm and other projects.
“We were excited to start the development of this project with Vertellus Specialties, and hand it over to Hanwha Q CELLS for completion,” said Inovateus Solar President T.J. Kanczuzewski. “This is another example of how public utilities and private companies can work together to achieve the goal of introducing more renewable energy in the state of Indiana. Our company is looking forward to making other announcements on projects built in the IPL Rate REP program soon.”
Inovateus Solar is a worldwide turnkey installer of commercial and industrial solar systems.
Vertellus is a leading provider of specialty chemicals for the agriculture, nutrition, pharmaceutical, medical, personal care, plastics, coatings and many other industrial markets.