Merom Solar PV Park is a 200MW solar PV power project. It is planned in Indiana, the US. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 200 | – | 200 | Permitting | Indiana, the US | Hallador Energy |
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Description
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The project is being developed and currently owned by Hallador Energy.
Merom Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $215.6m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
Power Purchase Agreement
The power generated from the project will be sold to Hoosier Energy Rural Electric Cooperative under a power purchase agreement, starting from 2025.
About Hallador Energy
Hallador Energy Co (Hallador Energy) is a coal mining company in the US. The company produces and sells steam coal for power generation. It owns interests in two underground mines and one surface mine. Hallador Energy’s underground mines include Oaktown 1, located at Knox County, Indiana and Oaktown 2, located at Knox County, Indiana and Lawrence County, Illinois. Ace in the Hole is a surface mine in Clay City of Indiana. The company also carries out the oil and gas exploration through Sunrise Energy LLC. It has access to primary customers through CSX railroad, Truck, NS Railroad and Indiana Rail Road. Hallador Energy is headquartered in Terre Haute, Indiana, the US.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
