Purdue, Duke Energy to Commemorate New Power Plant

Plainfield-based Duke Energy Indiana and Purdue University will Thursday mark the beginning of operations for a new combined heat and power plant on the West Lafayette campus. The CHP will use natural gas to generate both electricity and steam.... Read More

Thor Boosting Electrification Focus

Elkhart-based Thor Industries Inc. (NYSE: THO) is moving forward with its eMobility strategy by doubling down on electrification of recreational vehicles. The RV manufacturer in January unveiled the strategy along with its electric motorhome and travel trailer concepts at the 2022 Florida RV SuperShow. ... Read More

Purdue, INDOT Partner on EV Charging Concrete

The Indiana Department of Transportation has teamed up with Purdue University to develop concrete pavement that allows drivers to wirelessly charge their electric vehicles while they're driving. The project, currently in the research phase on the West Lafayette campus, involves magnetizable concrete developed by German startup Magment GmbH. ... Read More

Indy Company Launches Off-Grid Solar Division

Indianapolis-based Jefferson Electric is launching a new division focused on providing more options for people to go solar. The company says Jefferson Electric Off-Grid will design and install off-grid solar systems for homes, recreational vehicles, and agricultural settings.... Read More

Program Targets Energy Efficiency for Manufacturers

Indianapolis-based Energy Systems Network has launched what it calls a first-of-its-kind statewide program in partnership with the Emerging Manufacturing Collaboration Center in Indy. Energy INsights aims to help Hoosier manufacturers use artificial intelligence and data science to reduce energy costs and improve sustainability.... Read More

Lithium-Ion Battery Maker Relocating to Indianapolis

A manufacturer of lithium-ion batteries originally based in Phoenix is relocating operations to the Indianapolis. EnPower Inc. is moving into a facility previously operated by EnerDel Inc. on the city's northeast side and plans to add more than 100 jobs by the end of the year. Chief Executive Officer Annette Finsterbusch says the move is part of an effort to bring more battery production to the United States.... Read More

I&M Rate Reduction Plan Approved

The Indiana Utility Regulatory Commission has approved a settlement agreement involving residential rates for Fort Wayne-based Indiana Michigan Power. I&M says as a result, residential customers will see a nearly $95 million reduction over two phases.... Read More

Cummins to Acquire Meritor for $3.7B

Columbus-based Cummins Inc. (NYSE: CMI) says it has entered into an agreement to acquire Meritor Inc. (NYSE: MTOR) in Michigan in a deal valued at $3.7 billion. Meritor is a supplier of drivetrain, mobility, braking, aftermarket and electric powertrain products for the commercial vehicle and industrial markets. Cummins CEO Tom Linebarger calls the acquisition an important milestone for the company as it works to develop more zero carbon products.... Read More

Hallador Acquires Sullivan County Coal Plant

Terre Haute-based Hallador Power Co. LLC has announced plans to acquire the Merom Generating Station in Sullivan County from Bloomington-based Hoosier Energy. The deal includes a power purchase agreement in which Hoosier Energy will purchase energy produced at the coal-fired plant.... Read More

Mammoth Solar Developer Gets Funding Boost

Israel-based Doral Renewables LLC has received more investment for its massive solar project in northwest Indiana. Migdal Insurance, also based in Israel, says it has committed up to $75 million in additional funding in the second phase of the Mammoth Solar project, bringing its total direct investment to $175 million.... Read More

American Resources Details Partnership with Heritage

Fishers-based American Resources Corp. (Nasdaq: AREC) has announced a partnership between its subsidiary, American Rare Earth LLC, and HG Ventures LLC, the venture capital investment arm of Indianapolis-based The Heritage Group. The company says the effort will put the partners on the path to becoming the first and lowest-cost producer of domestically-sourced, purified and sustainable battery and magnet metals.... Read More

I&M Details $45M Upgrade Project

Fort Wayne-based Indiana Michigan Power has announced plans for an electric transmission network upgrade in Grant and Blackford counties. The $45 million project will upgrade operational performance and reduce the likelihood of extended power outages and the need for frequent equipment repairs.... Read More

Autonomous Challenge Winner Launches Spinoff Company

The winner of the inaugural Indy Autonomous Challenge has launched a spinoff company. TUM Autonomous Motorsport, the team from Technische Universit√§t M√ľnchen in Germany, says driveblocks aims to develop a platform for fully autonomous vehicle applications.... Read More

Muncie Company Completes Solar Field

A small business in Muncie has completed the installation of a new solar field. Small Engine Warehouse, a small gasoline engines and outdoor power equipment parts dealer, says the project will offset electrical costs for daily operations.... Read More

Thor Partners on Electric Drive System Development

Elkhart-based Thor Industries Inc. (NYSE: THO) has inked a Memorandum of Understanding with ZF Friedrichshafen AG, a vehicle technology company based in Germany. Thor says the partners will focus on the continued joint development of a high-voltage electric drive system for towable recreational vehicles.... Read More