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
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
The winner of the inaugural Indy Autonomous Challenge has launched a spinoff company. TUM Autonomous Motorsport, the team from Technische Universität München in Germany, says driveblocks aims to develop a platform for fully autonomous vehicle applications.... Read More
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
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
Just months after the checkered flag waved on the inaugural Indy Autonomous Challenge at the Indianapolis Motor Speedway, organizers are taking the next step in autonomous racing.... Read More
Carmel-based Solential Energy Solutions is looking to be the first to bring a unique form of solar power generation developed in Europe to the Midwest. ... Read More
A West Lafayette-based company has completed a unique solar microgrid system in Decatur County. Emergent Solar Energy, which is based out of the Purdue Research Park, says the system includes... Read More
Governor Eric Holcomb has joined his counterparts in Illinois, Michigan, Minnesota and Wisconsin in a collaboration to boost electric vehicle charging infrastructure throughout the Midwest. ... Read More
A solar project east of Indianapolis is underway. London-based Lightsource bp says it has secured funding for and begun construction on the Bellflower Solar project in Henry and Rush counties. ... Read More
Chicago-based Amp Americas II LLC has acquired a dairy renewable natural gas operation in Fair Oaks. The company, which developed the project for California-based Generate Capital, says the acquisition, along with one other outside Indiana, has tripled the size of its carbon-negative fuels portfolio.... Read More
The Indiana Utility Regulatory Commission has approved a settlement agreement over a rate increase request from the Indiana-based gas utility for CenterPoint Energy Inc. (NYSE: CNP). The Indiana Office of Utility Consumer Counselor says the agreement will reduce the utility's annual base rates by nearly $6 billion, though customers will still see increases on their bills.... Read More
Plainfield-based Duke Energy Indiana has filed a $1.9 billion plan with the Indiana Utility Regulatory Commission it says will improve the reliability of its statewide network. If approved, the utility says the plan would increase rates an average of 1% per year over five years beginning in 2024.... Read More
Fort Wayne-based Indiana Michigan Power has reached a settlement agreement with the Indiana Office of Utility Consumer Counselor and other parties over its proposed rate case. If approved by the Indiana Utility Regulatory Commission, the deal will result in a 5% reduction in base rates for Hoosier residential customers.... Read More
Indianapolis-based Duke Realty Corp. (NYSE: DRE) says it is aiming to achieve carbon neutrality for its operations by 2025. The Real Estate Investment Trust says it also plans to achieve carbon neutra... Read More
Indianapolis-based Energy Systems Network will host another autonomous racecar competition, this one at CES 2022 in Las Vegas. ESN, which organized the recent Indy Autonomous Challenge, says five univ... Read More
CenterPoint Energy Indiana South has received approval from the Indiana Utility Regulatory Commission to acquire a 300-megawatt solar array in Posey County. The utility says the array, scheduled to be... Read More
A team from Germany has won the $1 million grand prize in the inaugural Indy Autonomous Challenge. TUM Autonomous Motorsport from the Technische Universität München recorded the fastest two-lap averag... Read More
Toyota’s recent announcement of plans to build a $1.3 billion electric vehicle battery plant with 1,750 jobs has the attention of states like Indiana. The announcement follows similar moves by General... Read More
As one of the top auto manufacturing states in the U.S., Indiana appears to be well-positioned to embrace the growing electric vehicle sector, according to Paul Mitchell, president and chief executive... Read More
