Evansville-based Vectren Energy Delivery of Indiana has received approval from the Indiana Utility Regulatory Commission to build a 50-megawatt universal solar array in Spencer County. The solar farm will be approximately 300 acres and will house nearly 150,000 solar panels.

The company says the approval is one step toward Vectren’s carbon reduction plan of lowering carbon emissions by 60% over 2005 levels by 2024.

“We are pleased to receive authorization from the IURC as the final step in the process to adding more solar electric generation to our portfolio,” said Lynnae Wilson, chief business officer of Indiana electric in a news release. “This significant renewable resource, a key piece of Vectren’s Smart Energy Future vision, will be among the largest single-sited solar farms in the state and will serve Vectren customers for decades to come.”

The solar farm is slated to be up and running in the fall of 2020 and will have the capability to generate enough power to support more than 12,000 households per year.

 Construction for the solar farm is expected to begin later this year. First Solar, a global provider of comprehensive photovoltaic solar systems, will build the solar farm.