Arevon Energy, Inc., has commenced the construction on its 192-megawatt (MWdc) Ratts 1 Solar Project. Located near Petersburg in Pike County, Indiana, this project will generate enough electricity to power approximately 24,000 Indiana homes once operational.
In addition to the Ratts 1 Solar Project, Arevon has also developed and recently begun construction on the nearby 73 MWdc Heirloom Solar Project. Together, these two projects in Pike County represent a nearly $400 million investment and are expected to contribute over $86 million to local governments throughout their lifespans, while providing diversified income to participating landowners. The projects will employ around 200 full-time equivalent workers during construction and will boost local businesses through increased spending at area stores, restaurants, and hotels.
The groundbreaking event was attended by local leaders, landowners, partners, stakeholders, the project’s construction contractor, Primoris Renewable Energy, and the Arevon project team. Speakers at the event included Dr. Suzanne Blake, a participating landowner in the Ratts 1 Solar Project; Ashley Willis, MPA, EDFP, Executive Director at the Pike County Economic Development Corporation; Kyle Brouillette, Senior Vice President of Market Operations and Planning at Indiana Municipal Power Agency (IMPA); Tommy Greer, Chief Commercial Officer at Arevon; and Nikki Jeffers, Director of Development at Arevon, who all highlighted the community and economic benefits of bringing clean energy to Pike County.
“Ratts 1 Solar is a significant addition to Arevon’s growing portfolio of Midwest projects and an important step forward for a cleaner future for Indiana,” Greer commented. “We are proud to host this groundbreaking and to celebrate the advancement of solar energy in Pike County.”
“This project is an important part of our overall power supply portfolio. It is an Indiana resource and will aid IMPA in achieving our mission of bringing a low cost, reliable, and environmentally responsible power supply to our 61 member communities,” Brouillette added.
“We are excited about the economic prosperity that Ratts 1 Solar will bring to our community,” Willis said. “We have already seen the significant impact that this project has contributed through new jobs and increased local spending, and we look forward to seeing how it transforms Pike County over the next several decades.”
“The conversion of some of our fields from growing traditional crops to also housing solar panels is an exciting opportunity for our community,” Blake said.
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