Kristina Lund, president and CEO of Indianapolis-based AES Indiana since 2020, is leaving the utility at the end of July, the company said Monday. Lund plans to become president of a renewable energy company, an AES Indiana spokeswoman said.... Read More
Indiana residents owed $45.6 million to the state’s “big five” investor-owned utilities in March, the most recent month for which complete data is available — with thousands among them cut off from service. Fewer were reconnected.... Read More
The automaker didn't disclose the location but said Monday that it signed a memorandum of understanding with South Korea-based Samsung SDI under its existing joint venture called StarPlus Energy.... Read More
The lawsuit alleges that certain models of the cars lack the industry-standard technology needed to prevent the vehicles from being stolen. Videos that show people how to steal Kias and Hyundais have recently gone viral over social media.... Read More
The Indianapolis International Airport is set to receive the largest allotment of FAA Improvement Program funding at $22.58 million. The investment will build the airport's new energy-efficient infrastructure, including solar panels.... Read More
Fishers-based American Resources Corp. has acquired the former RCA Thomson plant in Marion. ReElement Technologies is investing a minimum of $100 million to convert the 425,000-square-foot facility into a rare earth and battery material refinery.... Read More
Nebraska-based Valmont Industries cut the ribbon Thursday on a new solar array at its manufacturing facility in Bristol. The company, which makes sustainably-focused concrete utility poles, said the array will offset 100% of the plant's electricity usage.... Read More
Northern Indiana Public Service Co. announced this week that two of its first Indiana-based solar projects are operational. Together, the projects are expected to produce hundreds of megawatts of power and bring millions of dollars in economic investment.... Read More
Newburgh-based Energy Systems Group LLC is under new ownership. The sustainable energy solutions provider announced Tuesday it has been acquired by Oaktree Capital Management LP, a global investment management firm headquartered in Los Angeles, California.... Read More
Columbus-based Cummins has acquired the remaining 19% interest in Hydrogenics Corp., a fuel cell systems provider in Canada. The deal comes nearly four years after Cummins completed its $290 million purchase the majority of the company's outstanding shares.... Read More
Indiana Michigan Power (I&M) is temporarily suspending disconnections for customers. The Fort Wayne-based utility said this week the move is due to “unprecedented levels of unhealthy air quality” caused by the Canadian wildfires.... Read More
An East Central Indiana school corporation that sought access to a wind turbine will not be on the hook for more than $1.5 million in damages after the state supreme court ruled Wednesday that the construction contract “is void and unenforceable.”... Read More
Plainfield-based Duke Energy is planning to acquire the power generated from the forthcoming Speedway Solar farm in Shelby County. The utility said the 199 megawatts of energy generated will provide enough electricity to power about 35,000 homes.... Read More
Customers of AES Indiana could see their monthly electricity bills climb an average of 13% if state regulators approve the utility’s newest request for a rate increase. The company seeks to cover what it said were its rising operational costs and other needs.... Read More
Texas-based Pelican Energy Partners said this week it is investing in Blue Wave AI Labs, a software company in West Lafayette. The private equity firm declined to provide a dollar figure for the investment, but said it is receiving a stake in the company.... Read More
Purdue University Fort Wayne is embracing solar energy with a new grant from EBSCO Information Services. The university's Helmke Library is one of three libraries receiving grant support from EBSCO to cover the cost of solar array installation. ... Read More
Merrillville-based NiSource plans to sell a nearly 20% non-controlling interest in its Northern Indiana Public Service Co. subsidiary. The company said the deal with an affiliate of Blackstone Infrastructure Partners is valued at more than $2.1 billion.... Read More
Texas-based EDP Renewables North America has announced a 20-year power purchase agreement with NIPSCO in Merrillville. Through the deal, the utility will buy the power generated by the $365 million, 198-megawatt Carpenter Wind Farm in Jasper County.... Read More
Typical Indiana residents could see a close to 5% reduction in their electric bills if AES Indiana's quarterly Fuel Adjustment Charge filing with the Indiana Utility Regulatory Commission. ... Read More
The Indy Autonomous Challenge is making its first on-track appearance outside of the United States this weekend. For the first time, the full-scale autonomous racecars developed twill run on the Monza F1 circuit as part of the Milan Monza Motor Show in Italy.... Read More
