Indiana Municipal Power Agency is planning for another solar park in Montgomery County.
IMPA presented its plans to the Montgomery County Council on Tuesday, and made requests for a tax abatement and for the designation of an economic revitalization area on five acres of land near State Road 32 and Interstate 74.
The council approved a preliminary declaratory resolution to move forward with a public hearing at the council’s next meeting, scheduled for February.
The new Darlington solar park is estimated to be an investment of approximately $1.7 million, according to Emily Williams, the project manager who made Tuesday’s presentation to the council. The park will be located off C.R. 525E, which runs alongside I-74 just south of S.R. 32. It will consist of 3,240 panels with single axis tracking, moving east to west with the sun, and will produce approximately one megawatt.
Construction is expected to last 6-8 months beginning early this year. The solar park will be interconnected with and provide power to Darlington’s electric system.
IMPA’s tax abatement request is for 10 years with a 10 percent reduction in the abatement each year.
IMPA has received tax abatements for it’s other solar parks within Montgomery County, which includes Crawfordsville and Waynetown. They’re currently in the process of expanding on the Crawfordsville location on Memorial Drive. A new solar park is also in the works at the Crawfordsville Commerce Park.